article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. for the Indiana Shovel Ready Program and the Tennessee Valley Authority for TVA’s Data Center Site Certification Program. The stem-cell market currently is valued at about $1.4 billion, but it is expected to grow into a $160-billion industry by 2030.

Indiana 40
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

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
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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