Amazon.com Inc. in 2017 set a goal to receive $1 billion in incentives on top of any incentives it would get for its second headquarters,according to a new Wall Street Journal report. The tech company kicked off its search for HQ2 in September of 2017, but that same year, CEO Jeff Bezos challenged his team of top executives to secure $1 billion in incentives for unrelated projects, unnamed sources told WSJ. Amazon.com Inc. did receive a commitment in 2018 of $1 billion in incentives from Virginia to locate HQ2 in Crystal City if the company delivers on 38,000 jobs for the site. Read More...
Amazon targeted $1B in incentives on top of HQ2 funds in 2017
Amazon.com Inc. in 2017 set a goal to receive $1 billion in incentives on top of any incentives it would get for its second headquarters,according to a new Wall Street Journal report. The tech company kicked off its search for HQ2 in September of 2017, but that same year, CEO Jeff Bezos challenged his team of top executives to secure $1 billion in incentives for unrelated projects, unnamed sources told WSJ. Amazon.com Inc. did receive a commitment in 2018 of $1 billion in incentives from Virginia to locate HQ2 in Crystal City if the company delivers on 38,000 jobs for the site.
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