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FEATURE STORY: 2014 Economic Development Awards

Buisness Facilities Contributed Content

From the March/April 2014 issue. The focus of our 2014 Economic Development Awards is Achievement. Without further ado, here are the winners of our 2014 Economic Development Awards. This quickly expanding success story has earned the Georgia Department of Economic Development our 2014 Achievement in Cluster Development Award.

Indiana 108
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STATE FOCUS: Florida – Let The Sun Shine

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percent in 2014, 2.8 Rick Scott signed a bill into law that will eliminate sales tax on the purchase of manufacturing equipment starting April 30, 2014. percent in 2014 and 4.1 Now, Florida’s leaders are committed to expanding upon that foundation by making sure the business community knows that Florida is open for business.

Florida 74
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State by State Incentives Guide

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ALABAMA - updated for 2014. The allocation to each Public University which makes application shall be based on each Public University’s federally financed research and development expenditures as reported by the National Science Foundation. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995.

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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee is proud to be a right-to-work state with no personal income tax on wages. To further develop San Antonio’s cybersecurity dominance, we’re focused on talent development tailored to industry needs in the cybersecurity industry,” said Tom Long, Chief Development Officer of the San Antonio Economic Development Foundation.

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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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Technology Center Opens At UL Lafayette Research Park

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In Lafayette, CGI is solving complex business and IT challenges for clients seeking services from a technology partner that shares a common time zone, language and understanding of client business operations. CGI selected Lafayette in April 2014 after a nearly two-year site-selection process that evaluated locations across the U.S.

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year. The region boasts one of California’s largest enterprise zones, offering incentives for companies to locate and expand within the greater Sacramento area.