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Pennsylvania Incentives and Workforce Development Guide

Business Facilities

TCC is a statewide economic development organization whose mission is to help increase PA’s technology-based economy through the development of collaborative industry clusters that leverage the region’s world-class assets in advanced electronics, cyber security and robotics. PCD Bank offers a Loan Program to assist and grow CDFIs.

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Ohio Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Rates are fixed (at- or below-market rates) with other loan terms similar to those of commercial bank financing. 166 Direct Loan: Provides loans for land and building acquisition, construction, expansion or renovation, and equipment purchases for eligible businesses. To secure benefits, businesses must apply to the local community.

Ohio 40
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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability.

Income 108
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Ohio Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

166 Direct Loan: Provides loans for land and building acquisition, construction, expansion or renovation, and equipment purchases for eligible businesses. Regional 166 Direct Loan: Provides loans for land and building acquisition, construction, expansion or renovation, and equipment purchases for eligible businesses.

Ohio 40
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75
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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

The Alliance has a strong partnership with Broward County’s Workforce One employment center, securing nearly $1 million state and local training assistance for 1,107 employees in local companies. Champlain Valley Specialty is renovating and expanding a former onion packing site into an apple processing facility.

El Paso 106
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New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Community Development Financial Institutions (CDFI): Provides micro-loans to businesses who often do not qualify for bank loans, as well as one-on-one counseling and business development assistance to facilitate credit-readiness. Typical financing structure: 50% Bank Loan. 40% JDA Loan. 10% Borrower Equity.