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BUSINESS REPORT: Tennessee Initiates Site Certification Program

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The southern states are known for smart, savvy and successful approaches to economic development and Tennessee is no exception. As mentioned earlier, Tennessee is a popular business destination thanks to its rural and urban site preparedness. Curtis says the Select Tennessee Certified Sites Program will help all state communities.

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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee, Virginia and Alabama are the top-ranked states, respectively, in BF’s flagship Best Business Climate ranking. The reputation of Tennessee’s business climate and skilled workforce has attracted countless world-class businesses to our state. Tennessee is proud to be a right-to-work state with no personal income tax on wages.

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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. Cloud’s Airport Industrial Park, an area certified as “Shovel Ready” under the Minnesota Department of Employment and Economic Development (DEED) Shovel Ready Site Certification Program.

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Feature Story: 2016 Economic Development Awards

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focused on mobile, security and business operations software). This marks a transformative moment for Rochester that will fuel economic growth, create jobs and further secure this region’s place as the photonics capital of the nation,” said Gov. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build.

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State by State Incentives Guide

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If applying for a transferable credit certificate, no more than half the credit may be applied in a single calendar year. million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners).

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STATE INCENTIVES GUIDE

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Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. FOREIGN TRADE ZONES (FTZs): Secured areas legally outside of U.S. The program ends December 2016. See www.gaworkready.org.

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