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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

The TNECD website summarizes Tennessee’s approach to business climate with this credo: “We believe in high expectations, low debt and a pro-business regulatory environment. Texas is the top-ranked state in our new cyber growth potential standings, followed by Virginia, Louisiana, Maryland and Georgia in the top five.

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COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

Buisness Facilities Contributed Content

GEORGIA IS “MARKET READY”. Georgia’s program, called the Georgia Ready for Accelerated Development Sites Program or GRAD, has helped 30 sites in 28 different communities become GRAD certified with 7 projects locating on GRAD sites to date. Ready for Development in Georgia (Photo: Georgia.org).

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Cover Story: Global Biotech Report

Buisness Facilities Contributed Content

Our itinerary includes the new Biosciences Training Center, now under construction in Georgia, and a look at the Life Sciences Greenhouses in Pennsylvania, which nurture the seedlings of innovation until they’re ready to blossom into commercial use. Ground was broken at the end of March on the new Georgia BioScience Training Center.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.

Income 75
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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

3 Texas all exceeded 75 on the Index, followed by Maryland, Delaware, DC, Oregon, Arizona, Pennsylvania and Georgia. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. The other states scored below 50, with half of them struggling to get past 25. ACHIEVEMENT IN CLUSTER DEVELOPMENT.

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