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

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With his signature on the Economic Opportunity Act of 2013, Gov. 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. By Jonathan Sanders.

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COMMUNITY PROFILE: Opportunity Knocks in Southwest Louisiana

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From the September/October 2013 issue. Specific site details, such as zoning restrictions, title work, environmental studies, soil analysis and surveys, are assessed for compliance and authenticity.”. To say Southwest Louisiana is an economic hot zone would be an understatement. By Eric Cormier. A BOUNTY OF INCENTIVES.

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STATE FOCUS: Lassoing Jobs In Texas

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From the September/October 2013 issue. Another popular economic development incentive offered by the state is the Texas Enterprise Zone Program, which enables local communities to partner with the State of Texas to promote job creation and significant private investment, helping assist economically distressed areas of the state.

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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Construction officially started on the $600-million facility in April 2013 and aircraft assembly is planned to begin in 2015, with a targeted 2016 delivery of its first A320 jetliner. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009.

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State by State Incentives Guide

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Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. 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. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.

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North Dakota Incentives and Workforce Development Guide

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The primary candidates for this program are businesses that create new wealth for the state and provide new jobs outside of the retail sector. North Dakota Development Fund: Provides flexible gap financing through debt and equity investments for new or expanding primary sector businesses.