Legal Niches

Texas Business Incentives Help Create 1,700 Jobs

By james_fudge

A new report from the Texas Comptroller of Public Accounts (an analysis of Texas economic development Initiatives) shows that the video game industry has created well over a thousand jobs in the last two years. This is due mostly to the state's Texas Moving Image Industry Incentive Program, which offers incentives to the film, television, commercial, and video game industries.

The report found that the state's incentive program (enacted in 2007 and expanded in 2009) contributed to the computer and video game industry's growth in Texas by helping to create an estimated 1,700 jobs between April 2009 and August 2010. The incentive program provides grants for "qualifying productions" including movies, television shows, commercials, and computer and video games that create jobs for Texas residents. Other states have followed the state's initiatives with similar programs including Florida, Georgia, Louisiana, and North Carolina. Read More

read more

Full post as published by GamePolitics.com on January 04, 2011 (boomark / email).