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

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are implementing site certification programs called “shovel ready”—meaning that the site is primed and ready for economic development. MINNESOTA IS GETTING READY TO DIG SOME NEW GROWTH. Cloud, Minnesota. To get ready, many states across the U.S. By clearing a lot of the hurdles towards site selection we streamline the process.

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FEATURE STORY: 2013 Economic Development Awards

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of employment in its biotech sector, anchored by its world-class research institutions, including the Mayo Clinic and the University of Minnesota. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones.

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Advanced Manufacturing Industry: Dynamic Advancements

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Lawrence Seaway System, it is part of more than 2,300 miles of water transportation from Duluth, Minnesota to the Atlantic Ocean. Syracuse Hancock International Airport is within minutes of Oswego County. The Oswego County Airport boasts two 5,200 feet paved runways ideal for business, industry and private aviation.

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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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Shovel-Ready Sites: Ready To Hit The Ground Running

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are implementing site certification programs that give available sites a shovel ready designation—meaning that the site is primed and ready for economic development. To achieve certification, sites go through a rigorous review process. States across the U.S. The outcome?

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Feature Story: 2016 Economic Development Awards

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In his spare time, Stenger and his partners have been raising EB-5 funding for nearly $600-million worth of projects in Vermont, including expansions at Jay Peak and nearby Burke Mountain, and a new hotel and airport upgrade in Newport, VBM reports. ACHIEVEMENT IN SITE CERTIFICATION.

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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. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.

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