Canton combines development, innovation districts to attract tech companies
Canton City Council recently established two economic incentive districts for the city’s downtown “in which property improvements can be reinvested,” CantonRep.com reports. City officials “have said they believe Canton is the first city to create a Downtown Redevelopment District and an overlapping Innovation District,” according to the article. The money “will be used to fund grants or low-interest loans to attract technology-based companies, according to the city’s corresponding economic development plan.” For more, read the full article.
