article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

This year, a breakthrough was achieved in Rhode Island: a small-scale project still under construction in the waters off Block Island is poised to become the first operational offshore wind power facility in the United States. ACHIEVEMENT IN SITE CERTIFICATION.

Indiana 40
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

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. New Economy Jobs Tax Credits are not transferable.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Employees must be Arkansas taxpayers.

Income 75