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State Focus: Arkansas – Easy To Reach, Easy To Grow

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Major market centers in the region include: Memphis, Chicago, Atlanta, Dallas, Fort Worth, Houston, Kansas City, Oklahoma City, New Orleans and St. The Arkansas Economic Development Commission (AEDC), working with other state agencies, offers a Career Readiness Certificate to potential employees. population.

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State by State Incentives Guide

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If applying for a transferable credit certificate, no more than half the credit may be applied in a single calendar year. This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business. New Economy Jobs Tax Credits are not transferable.

Income 108
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STATE INCENTIVES GUIDE

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Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Employees must be Arkansas taxpayers.

Income 75