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Wyoming Incentives and Workforce Development Guide

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Loan terms are determined by the economic benefit to the state and the financial capacity of the business to service the debt. Through this program, qualified businesses can obtain capital in the form of debt or equity financing. The applicant must contribute at least three times the requested loan or loan guarantee.

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State by State Incentives Guide

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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.

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STATE INCENTIVES GUIDE

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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.

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North Dakota Incentives and Workforce Development Guide

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New Venture Capital Fund: The New Venture Capital Program is an innovative financial program that provides flexible financing through debt and equity investments for new or expanding businesses in the state of North Dakota. Value-Added Agriculture Equity Loan Program (Envest): The borrower must be a North Dakota resident.

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Feature Story: 2016 Economic Development Awards

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The wind turbines operating at Buffalo’s green energy complex on Lake Erie generate enough electricity to power roughly 15,000 homes; the turbines are under contract to a local utility, Constellation Energy Resources. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build.

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