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FEATURE STORY: 2013 Economic Development Awards

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Gaining Honorable Mention Awards in this category were Greater MSP (Minneapolis Saint Paul Regional Economic Development Partnership) and Columbus (OH) 2020. In 2012, the Alliance visited 178 companies to assist with access to capital, workforce training opportunities, permitting issues and site location assistance.

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State by State Incentives Guide

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Alabama Innovation Fund: As part of the implementation of Accelerate Alabama, this fund was created to maximize the use of the State’s economic development resources by leveraging annual research and development expenditures by Public Universities within the State to generate resources which can be used to support economic development initiatives.

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Cover Story: New Energy Powers Growth

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The Ben Franklin Technology Center of Central and Northern Pennsylvania was awarded a $750,000 Discovered in PA—Developed in PA (D2PA) grant to support the Shale Gas Innovation and Commercialization project. In November 2013, a new generation of biofuels debuted at this Penn Minnoco station in south Minneapolis.

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STATE INCENTIVES GUIDE

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ALASKA GROWTH CAPITAL: Provides financing to nontraditional borrowers/businesses that use innovative technology, are in rural Alaska and are minority-owned. ARIZONA INNOVATION ACCELERATOR FUND: An $18.2 Lenders negotiate their own fees and the USDA charges 2 percent of the guaranteed amount as a one-time fee.

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