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BUSINESS REPORT: Tennessee Initiates Site Certification Program

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A clear path to acquiring or leasing the property must be identified and documented. Similarly, information about the site such as its zoning, surrounding land uses, previous uses, and proximity to the flood plain are all information important to establishing and communicating the character and condition of the site to a prospect.”.

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COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

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Shovel Ready Silver certified sites means that its documentation is less than one year old and has proper zoning and infrastructure built to the property. The program requires that the designated sites go through a rigorous checkless to ensure they have all the necessary infrastructure, zoning and other characteristics needed for development.

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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. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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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 principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.

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Cover Story: Global Biotech Report

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In 2011, 96 foreign companies invested in Hessen, in 2012, 77 came to Hessen. Another Bio-incubator is called Eurobiotec Brussels and sits in the Erasmus Industrial Zone in the capital. The company will lease a 28,000-square-foot office, lab and manufacturing space in Philadelphia. 30 of these came from the United States.

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FEATURE STORY: Thailand — Nuanced Nation, One-Stop Shop

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Non-Thai investors are permitted to hire foreign experts and technicians and also may qualify for land ownership rights if they would prefer not to lease office space. The BOI has divided Thailand into three zones each with a different incentive package to accelerate development in disadvantaged regions.