article thumbnail

Texas Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The Governor’s University Research Initiative (GURI): The Governor’s University Research Initiative (GURI) was enacted in 2015 by the 84th Legislature with a goal to bring the best and brightest distinguished researchers in the world to Texas. The bill also amends the margin calculation accordingly for equity.

Texas 40
article thumbnail

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.

Metro 111
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Heroic Efforts In California

Buisness Facilities Contributed Content

The terms are often longer than credit cards or home equity lines of credit, making monthly payments more affordable. Approvals are based on the amount of equity in the home, and if the property is sold, any remaining balance can be passed on to the new owner. Credit: Shane Gibson).

article thumbnail

New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Borrowers must have at least a 10% equity interest in the project or business. Innovate NY Fund: A seed stage business equity fund with up to $47 million to support innovation, job creation and high growth entrepreneurship throughout the state. 10% Borrower Equity. The maximum award is a $50,000 grant. 40% JDA Loan.

article thumbnail

COVER STORY: Global Biotech Report

Buisness Facilities Contributed Content

Braun Melsungen expects to create 25 new jobs by 2015. The BIH will be established in 2015 by the state of Berlin as a public corporation and it will combine the research of the Charité and the MDC, one of 18 research institutions of the Helmholtz Association. Injectable solutions in plastic containers will be manufactured there.

Florida 63
article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

The park received the certification in January 2015 with the assistance of Indiana Municipal Power Agency, Banning Engineering and Saegesser Engineering. Arkansas EDC for the Equity Investment Tax Credit, a discretionary incentive targeted toward new, technology-based businesses paying wages in excess of the state or county average wage.

Indiana 40
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Effective for facilities placed into service between January 1, 2011 and December 31, 2015. This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business. The credit is capped at the lesser of $15 million or 25% of costs to establish the facility.

Income 108