That is exactly what so-called economic development is. Every state, city, and town has at least 1 full-time econ development person who gets to spend taxpayer money taking trips and eating out (almost always with local politicians and their families along for the ride) in order to bribe businesses to relocate. It’s a complete scam.
Close. Economic Development spends most of it's time trying to find businesses that are looking to move, not bribing them TO move. The businesses are, if anything, the "scammers."
If you are an officer in a Fortune 500 company and would like to visit, say, San Francisco, all you have to do is let the San Francisco Economic Development Council know that you are considering locating a portion of your business there. They will fly you and your wife out, put you up in a great hotel, feed you at the best restaurants in town and give you a tour of the city.