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UPDATE: Seven New Locations Added To President Obama’s Promise Zones Initiative

Buisness Facilities Contributed Content

On January 9, 2014, the President announced the next step in those efforts by naming the first five “Promise Zones.” THE PROMISE ZONES INITIATIVE. The five Promise Zones announced are part of the 20 that will be announced over the next three years. so that each partner can work towards improvement and accountability.

Zoning 45
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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business. OPPORTUNITY ZONES ARE HERE.

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

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Qualifying businesses in the corridor can apply for Next Michigan real and personal property tax abatements and tax-free Renaissance Zones. The Corridor offers export assistance and Foreign Trade Zones. The Joplin Metro area in southwest Missouri is in the center of North American markets. Great Lakes U.S.

Memphis 76
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IEER Report: Small Modular Reactors a “Poor Bet” To Revive Failed Nuclear Renaissance in U.S.

Buisness Facilities Contributed Content

Titled Light Water Designs of Small Modular Reactors: Facts and Analysis, the IEER report focuses on light water reactor (LWR) SMR designs, the development and certification of which the U.S. Reducing security requirements, the plant exclusion zone, and the 10-mile emergency planning zone are other industry regulatory goals for SMRs.”

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Food Processing: Generating Growth for Good Eats

Buisness Facilities Contributed Content

The Park offers an expandable 50,000-square-foot shell building and land sites ranging from 30 to 65 acres and is zoned light industrial. Local incentives include real and personal property tax abatement and tax increment financing. The financing is enabling this company to expand into a 76,500 square-foot facility.

Indiana 40
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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Jasper County, which includes Joplin, has been named Missouri’s first national ACT “Career Ready Certified” community (Missouri is one of only four state’s that have made it to ACT’s second round). The city has adopted three NH Economic Revitalization Zones, offering corporate tax credits to qualifying businesses.

El Paso 106
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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. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108