The City of San Antonio’s program for attracting and retaining new business is undergoing an overhaul.
Leaders of the Economic Development Department told a City Council committee Monday they will kickstart a strategic planning initiative to review the city’s role in economic development and update the guidelines used to qualify business investments for various tax breaks and grants.
The planning process will begin after an industry consultant is selected in February, said department Director Brenda Hicks-Sorenson, who was hired in July 2021 shortly after a proposed set of guidelines was introduced but never finalized.
Since then, and in the wake of a pandemic that has battered the local economy, the department has worked to embark on a strategic plan initiative that will define the city’s role in economic development and identify effective incentives guidelines.
That includes…
