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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Must expand its labor force, make new capital investment, or prevent loss of employment. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

Income 108
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Cover Story: Global Biotech Report

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By Stefanie Ramsperger From the March/April 2016 Issue. The Economist Intelligence Unit (EIU) is projecting an increase in biotech spending growth in 2016, but notes that the pressure to reduce costs, increase efficiency and prove value remains intense. 241 of these are core biotech companies, employing almost 5,000 people.

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STATE INCENTIVES GUIDE

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FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.

Income 75
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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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The company expects to break ground on the new facility by the end of this year and begin tire production by 2016. Deal said the Innovation Center is “is exactly the kind of employer we want in the state.” The studio currently is in talks with more than 600 potential vendors interested in locating in the complex.

Deals 107
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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

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The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal. PortMiami contributes approximately $28 billion annually to the South Florida economy and helps provide direct and indirect employment for more than 207,000.

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Cover Story: New Energy Powers Growth

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SGICC will use the bulk of the D2PA funds to provide grants to PA-based small companies to demonstrate the feasibility of emerging technologies, or seed funds to test and help launch ideas, and to assist in market acceptance and growth of shale energy focused products or services. These three new projects amount to over $1.25