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BUSINESS REPORT: Virginia’s High-Tech Economy Keeps Growing

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Virginia has been making headlines as a great state for business with several favorable factors. CNBC ranked Virginia as America’s Top State for Business for 2011. Virginia is birthplace of the Internet and one of the leading centers of software development. By Donna Clapp. From the July/August 2012 issue.

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

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Currently, the Port of Baltimore and Port of Virginia (in Norfolk) are the only East Coast ports that can accommodate the large ships. The Port of Baltimore is one of only two East Coast ports, along with the Port of Virginia in Norfolk, now able to handle post-Panamax ships. PORT OF VIRGINIA: READY FOR POST-PANAMAX SINCE 2006.

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Logistics: On the Road, Water or Rails…or in the Air — AGAIN

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billion investment by Dominion Virginia Power, which constructed a cutting-edge technology power plant. The rich timber resources make it home to Virginia-Carolina Wood Products that supplies both domestic and international markets with Class A lumber. Source: Brunswick County, Virginia IDA). Dominion Power Plant groundbreaking.

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INDUSTRY FOCUS: Soaring To New Heights

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A combination of other factors provides an innovative environment for doing business in Louisiana. Adjacent to Kansas City Southern and Union Pacific Railroads and Interstates 20 and 49, companies at AeroPark are strategically located near some of the largest consumer markets in the South. Highway 165, U.S.

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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Baton Rouge, LA has had great success in executing its strategy of bringing together business and higher education in innovative public-private partnerships that spur initiatives in new high-growth sectors. receives support from the Lexington office of the Kentucky Innovation Network and Commerce Lexington. Awesome Inc.

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State by State Incentives Guide

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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.

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STATE INCENTIVES GUIDE

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ALASKA GROWTH CAPITAL: Provides financing to nontraditional borrowers/businesses that use innovative technology, are in rural Alaska and are minority-owned. ARIZONA INNOVATION ACCELERATOR FUND: An $18.2 This is an innovative new program that will help strengthen local supply networks and sectors.

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