article thumbnail

Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

The New Jersey Economic Development Authority (NJEDA) recently approved the first projects under the revised Grow NJ program to encourage businesses to increase employment in New Jersey. NJEDA approved a significant Grow NJ award of up to $39.5 Laurel, NJ. A Grow NJ incentive worth up to $12.7 headquarters.

Zoning 47
article thumbnail

Giving and Getting

Buisness Facilities Contributed Content

An eyebrow-raising report issued this week by New Jersey Policy Perspective, a public-interest lobbying group, reveals that NJ has awarded an astounding $4 billion in tax breaks and credits in the past four years as the closing juice for some of the largest business development deals in the Garden State.

NJ 47
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Jersey Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Tax-exempt bonds for not-for-profit organizations seeking capital to expand community services can be used to finance land and building acquisitions, new construction and renovations, equipment purchases, debt refinancing and working capital. historical debt service coverage. It may be used for fixed assets and working capital.

article thumbnail

SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

Buisness Facilities Contributed Content

Not just in some small, low-lying areas, but huge tracks of land from Atlantic City, NJ to Breezy Point, NY. Nearly 50 fatalities were reported in New York in the days after the storm; the death toll in New Jersey did not exceed 40 thanks to heroic efforts by NJ Gov. NJ Mobilizes Storm Relief. Bay Head, NJ. Christie. “It

article thumbnail

Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

The TNECD website summarizes Tennessee’s approach to business climate with this credo: “We believe in high expectations, low debt and a pro-business regulatory environment. Cory Booker of NJ and Sen. Tennessee is proud to be a right-to-work state with no personal income tax on wages. that need it the most.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

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). Additionally, the company must demonstrate that it can service the debt. 97% increase in personal property tax exemption. TAX INCENTIVES.

Income 108
article thumbnail

COVER STORY: Global Biotech Report

Buisness Facilities Contributed Content

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. New Jersey New Incentives For On-The-Job Training. In addition, Lt. Kentucky Spreads Seed Capital To Bio Start-Ups.

Florida 63