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For a list of Wisconsin economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Business Opportunity Loan Fund: Financing options ranging from loans to loan guaranties for businesses making investments to expand in or relocate to Wisconsin. FINANCING & GRANTS.
will invest more than $73 million and create 400 jobs over five years as it expands its Waukesha, WI-based global corporate headquarters and manufacturing facilities throughout Wisconsin. Expansion of Generac’s corporate headquarters, research and development, and production operations in Wisconsin are also in the works. “As
Alabama Innovation Fund: As part of the implementation of Accelerate Alabama, this fund was created to maximize the use of the State’s economic development resources by leveraging annual research and development expenditures by Public Universities within the State to generate resources which can be used to support economic development initiatives.
INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.
the state has in place business-friendly, innovative policies and programs that are helping to drive growth in job-rich sectors such as automotive and aerospace and propel it as one of the top economies in the U.S. GETTING CERTIFIED IN WISCONSIN. million project is bringing 300-plus jobs to northwestern Wisconsin. Southeast.
Georgia’s capital is a red-hot tech center with a diverse, talented workforce and an innovation-driven ecosystem. The median income for millennials living in the New Haven-Milford CT metro area in 2017 was $54,800. “It all seems to be coming together for Metro Atlanta,” said BF Editor in Chief Jack Rogers.
With a diverse and well-executed economic development strategy, a workforce training program that sets the standard for the nation and a full menu of innovative incentives, Louisiana is marching forward on a path to prosperity,” Rogers said. billion in Federal individual income taxes, and $1.9 billion in state individual income taxes.
Our 2016 awards include recognition for the locations that have led the way in smart-grid modernization, innovative funding for infrastructure projects, renewable energy breakthroughs and new tools for supporting startups and entrepreneurs. We handed out awards to 30 locations in 11 different categories. The power industry is in transition.
Business will be able to locate in these special university economic zones and operate 100 percent tax-free for 10 years, with no income tax, business or corporate state and local taxes, no sales tax, no property tax, no franchise fees, and in many cases, no income tax for employees. following California and Wisconsin.
Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. Progresso is one of the oldest names in South Jersey manufacturing, and thanks to innovation and growth it remains one of the most successful. effective buying income. population.
The Legislatures’ Joint Committee on Finance has approved an additional $25 million in tax credits for the Wisconsin Economic Development Corporation aimed at incentivizing companies to create jobs, make capital investments and maintain a headquarters in Wisconsin.
Foxconn, best known for making Apple’s iPhones, during the summer announced plans to build a plant in the southeast corner of Wisconsin that could employ up to 13,000 people. There’s credit for the cost of training new employees and investing in low-income areas, plus provisions that allow small businesses easier entry into the program.
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