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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

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The new law builds on Christie’s commitment to revitalizing New Jersey’s cities. The ERG program is an incentive for developers and businesses to address revenue gaps in development projects, defined as having insufficient revenues to support the project debt service under a standard financing scenario.

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New York Incentives and Workforce Development Guide

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Borrowers must have at least a 10% equity interest in the project or business. Innovate NY Fund: A seed stage business equity fund with up to $47 million to support innovation, job creation and high growth entrepreneurship throughout the state. 10% Borrower Equity. Debt refinancing, tax delinquency, employee benefit arrearage.

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State by State Incentives Guide

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million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business.

Income 108
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STATE INCENTIVES GUIDE

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Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.

Income 75
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Feature Story: 2016 Economic Development Awards

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ACHIEVEMENT IN ECONOMIC REVITALIZATION. Buffalo Niagara Enterprise is the winner of our annual Achievement in Economic Revitalization award, for the remarkable turnaround of the Buffalo, NY region. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build.

Indiana 40