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

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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. NJEDA approved a significant Grow NJ award of up to $39.5 Laurel, NJ.

Zoning 47
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State by State Incentives Guide

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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
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STATE INCENTIVES GUIDE

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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.

Income 75
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New Jersey’s CCIT Helps Companies Generate Over $130M In Revenues

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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.”.

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FEATURE STORY: 2014 Economic Development Awards

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Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). Choose New Jersey/NJ Economic Development Authority for Grow NJ (the Grow New Jersey Assistance Program). WyoRECs™ Renewable Energy Credit Discount Program.

Indiana 108
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FEATURE STORY: 2013 Economic Development Awards

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Less Taxing,” aired for six months in the NY/NJ/CT, Boston and Chicago markets. Highlights include the largest industrial spec development lease in the last five years in Broward County. In 2012, a national TV ad blitz continued to promote Greater Fort Lauderdale/Broward County’s strong business value proposition.

El Paso 106
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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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That, along with a strong economy and zero personal state income tax, make it a great place to do business. The state’s central location, as a gateway between the American South and Midwest and with easy access to the Northeast and Atlantic Seaboard, is within a day’s drive of two-thirds of the nation’s population and household income.