Remove Finance Remove Leases Remove NJ
article thumbnail

New Jersey Tax Credits Encourage Job Creation, Investment

Business Facilities

million in private investment, thanks to Grow New Jersey (Grow NJ) tax credits recently approved by the Board of the New Jersey Economic Development Authority (EDA). If the company opts for New Jersey over leasing a competing facility in the Bronx, the project would result in the creation of 40 new jobs and private investment of more than $8.9

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
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’s CCIT Helps Companies Generate Over $130M In Revenues

Buisness Facilities Contributed Content

million through state financing. Now headquartered in South Plainfield, NJ, GENEWIZ employs more than 700 people across 12 facilities at major biotech hubs around the world. The companies also obtained more than $10.6 Nearly two dozen companies currently call the CCIT “home.”.

article thumbnail

FEATURE STORY: 2014 Economic Development Awards

Buisness Facilities Contributed Content

Choose New Jersey/NJ Economic Development Authority for Grow NJ (the Grow New Jersey Assistance Program). Base tax credits under the new Grow NJ program range from $500 to $5,000 per job (per year), with bonus credits ranging from $250 to $3,000. million to lease, renovate and equip a 56,800 square-foot facility in Munster.

Indiana 108
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs. It allows for the construction of roads, bridges, etc.

Income 75
article thumbnail

Billtrust Expanding, Creating 200 New Jobs In New Jersey

Business Facilities

Billtrust, a payment cycle management software company, has decided to expand its operations and workforce in New Jersey, following approval of Grow New Jersey (Grow NJ) tax credits by the New Jersey Economic Development Authority (EDA) Board at its August meeting. Photo: Billtrust/Glassdoor.