article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

If the credit exceeds the tax liability, the remaining credit is refundable. Connecticut DECD for Connecticut Innovation’s (CI) Pre-Seed Fund, which supports the formation of new Connecticut technology companies by providing the funding, mentoring and resources needed to turn ideas into an early-stage technology company.

Indiana 40
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75