Yes, and those companies deserve a chance to prove their thesis and get the initial R&D turned into real products and services. This is why the BDC markets exist, and I have no concerns with the government providing R&D funding through the NSF and other channels. But a city giving economic incentives at the expense of their own tax base is doing their citizens a disservice. I'd prefer that the market be allowed to pick the winners rather than a city council doing it on the backs of their taxpayers.
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