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

Buisness Facilities Contributed Content

From the March/April 2014 issue. It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson. By Jonathan Sanders. Marathon Data Operating Co.,

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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. OPPORTUNITY ZONES ARE HERE. The authors of the Opportunity Zones section of the tax reform bill, Sen. Cory Booker of NJ and Sen. that need it the most.

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STATE FOCUS: Florida – Let The Sun Shine

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percent in 2014, 2.8 percent in 2012, retail sales will grow at an average pace of 3.7 This is due in part to the fact that economic recovery in Florida is feeding into retail sales. Rick Scott signed a bill into law that will eliminate sales tax on the purchase of manufacturing equipment starting April 30, 2014.

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State by State Incentives Guide

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ALABAMA - updated for 2014. 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. ALASKA – updated for 2014. TAX INCENTIVES.

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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. The increase is to occur in equal increments over a four year period, between 2014 and 2017. percent, between 2014 and 2017.

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North Dakota Incentives and Workforce Development Guide

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The primary candidates for this program are businesses that create new wealth for the state and provide new jobs outside of the retail sector. North Dakota Development Fund: Provides flexible gap financing through debt and equity investments for new or expanding primary sector businesses.

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North Dakota Incentives and Workforce Development Guide

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Flex PACE will allow communities the ability to provide assistance to businesses that would not meet the current requirements of PACE, such as: jobs retention, technology creation with no new jobs, retail, smaller tourist businesses and essential community businesses. The New Venture Capital Program will invest up to $300,000.