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BUSINESS REPORT: Arkansas — Dassault Invests $60 Million In Little Rock Expansion

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Key Incentives: Advantage AR, R&D Development, Equity Investment Tax Credit, Tourism Development Act, Targeted Business Incentives. In 2010, Dassault Falcon Jet received approval from the FAA for the use of 3D data during the completion process, making it the first OEM to have approval for both 3D-type design and completion.

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State Focus: Arkansas – Easy To Reach, Easy To Grow

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The Arkansas Economic Development Commission (AEDC), working with other state agencies, offers a Career Readiness Certificate to potential employees. Through the Career Readiness Certificate program, potential employees are evaluated and tested so that your business can identify and qualify the most skilled workers.

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State by State Incentives Guide

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If applying for a transferable credit certificate, no more than half the credit may be applied in a single calendar year. This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business.

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STATE INCENTIVES GUIDE

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Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Employees must be Arkansas taxpayers.

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