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million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). CALIFORNIA – updated for 2014. 97% increase in personal property tax exemption. Arizona Innovation Accelerator Fund: $18.2
Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. CALIFORNIA. The research activity must be conducted in California to qualify for the credit. The program ends December 2016.
A retreat in the public markets in 2011 resulted in overall financing levels that are back to those seen in 2008, reflecting the continuing struggles of the Eurozone countries over the sovereign debt of some member countries. Bavaria was countrywide the only state in the past year to attract foreign companies for greenfield development.
Projects applying for the investment promotion generally need to meet these criteria: value added of at least 20 percent of sales revenue; a debt/equity ratio of less than 3 to 1; utilization of modern production processes and new machinery; and adequate environmental protection systems.
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