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State by State Incentives Guide

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Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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STATE INCENTIVES GUIDE

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ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.

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FEATURE STORY: 2013 Economic Development Awards

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Gaining Honorable Mention Awards in this category were Greater MSP (Minneapolis Saint Paul Regional Economic Development Partnership) and Columbus (OH) 2020. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones.

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Shovel-Ready Sites: Ready To Hit The Ground Running

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are implementing site certification programs that give available sites a shovel ready designation—meaning that the site is primed and ready for economic development. To achieve certification, sites go through a rigorous review process. States across the U.S. The outcome?

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

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Qualifying businesses in the corridor can apply for Next Michigan real and personal property tax abatements and tax-free Renaissance Zones. The Corridor offers export assistance and Foreign Trade Zones. Within a 900 mile drive of Hoosier Energy services are communities from Dallas to Jacksonville and New York City to Minneapolis.

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Minnesota: Exports Are Expanding In The Land Of The Lakes

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HGA Architects and Engineers of Minneapolis was also recognized, receiving a Governor’s Certificate of Commendation for collaborating with the Minnesota Trade Office on many activities. The following companies were named winners of the Governor’s Foreign Direct Investment Award: Cirrus Aircraft Corp.