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State by State Incentives Guide

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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). This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business.

Income 108
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STATE INCENTIVES GUIDE

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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. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.

Income 75
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Feature Story: 2016 Economic Development Awards

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The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. This year, a breakthrough was achieved in Rhode Island: a small-scale project still under construction in the waters off Block Island is poised to become the first operational offshore wind power facility in the United States.

Indiana 40