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STATE INCENTIVES GUIDE

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The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. matchmaking with Michigan suppliers. matchmaking with Michigan suppliers.

Income 75
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State by State Incentives Guide

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BUSINESS TAX REFORM: The unpopular Michigan Business Tax (MBT) will be replaced effective January 1, 2012 with a simpler and competitive corporate income tax. Lower rates will tax C corporations at 6 percent on federal taxable income apportioned to Michigan. matchmaking with Michigan suppliers. What does this mean?

Income 108