Remove Debt Remove Liability Remove Resource Remove Subcontracting
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Alabama Innovation Fund: As part of the implementation of Accelerate Alabama, this fund was created to maximize the use of the State’s economic development resources by leveraging annual research and development expenditures by Public Universities within the State to generate resources which can be used to support economic development initiatives.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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.

Income 75
article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Eleven different Pennsylvania-based construction companies already have been subcontracted to do much of the work, and many more opportunities will be made available as the project goes forward. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. ACHIEVEMENT IN SMART GRID MODERNIZATION.

Indiana 40