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Feature Story: 2016 Economic Development Awards

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With such a large inventory of bridges and a sizeable backlog of repair needs, we looked to innovative solutions to address the problem,” said PennDOT Secretary Leslie S. ACHIEVEMENT IN SITE CERTIFICATION. We have two winners for this year’s award for Achievement in Site Certification: Indiana Economic Development Corp.

Indiana 40
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State by State Incentives Guide

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Inventory is exempt from property tax. If applying for a transferable credit certificate, no more than half the credit may be applied in a single calendar year. This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business.

Income 108
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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. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.

Income 75