article thumbnail

Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The Commonwealth’s Opportunity Fund is a vital, proven deal-closing incentive that Virginia and its communities have successfully used for over two decades. Grants are awarded to localities on a local matching basis with the expectation that the grant will result in a favorable location decision for the Commonwealth.

article thumbnail

STATE FOCUS: Lassoing Jobs In Texas

Buisness Facilities Contributed Content

This is exemplified by the Texas Enterprise Fund (TEF), the largest “deal-closing” fund of its kind in the nation. When Thomas Henry Ball convinced the Trinity and Brazos Railroad to run through Tomball in the early 1900s, little did he know what a significant economic impact that would have on the area. TOMBALL IS TRUE TO ITS ROOTS.

Texas 49
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Apple’s selection of Austin as the site for its new $304-million Operations Center was the Bronze Award winner in Business Facilities ’ 2012 Economic Development Deal of the Year competition. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009.

Metro 111
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

25 MILLION DEAL-CLOSING FUND: Arizona has taken a progressive position by offering attraction funds to companies meeting performance measures that benefit both the company and the citizens of Arizona. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.

Income 75
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Companies must be less than five 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% of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Railroad Spurs. TAX INCENTIVES.

Income 108