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Cover Story: Global Biotech Report

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By Stefanie Ramsperger From the March/April 2016 Issue. The Economist Intelligence Unit (EIU) is projecting an increase in biotech spending growth in 2016, but notes that the pressure to reduce costs, increase efficiency and prove value remains intense. billion for the state—including $1.6 Another $1.2

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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The company expects to break ground on the new facility by the end of this year and begin tire production by 2016. million in state and local performance-based grants (to assist IBM with facility lease costs, building operating costs; workforce recruitment, relocation and internal training costs; and payroll incentives).

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. As part of the More Alaska Production Act passed in 2013, for the North Slope only, this credit will increase to 45% on January 1, 2014, and the credit will change to 35% beginning January 1, 2016.

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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

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The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal. The present effort in this part of the project is to develop 600 acres that will be the foundation of Virginia’s fourth, deep-water marine terminal.

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STATE INCENTIVES GUIDE

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. EXTENSION OF THE ANGEL INVESTMENT TAX CREDIT PROGRAM: Originally set to expire in 2011, the program is now available until June 30, 2016. The program ends December 2016. TAX EXEMPTIONS.

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Cover Story: New Energy Powers Growth

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SGICC will use the bulk of the D2PA funds to provide grants to PA-based small companies to demonstrate the feasibility of emerging technologies, or seed funds to test and help launch ideas, and to assist in market acceptance and growth of shale energy focused products or services. The project is part of a $1.9-billion