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Feature Story: 2016 Economic Development Awards

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Pennsylvania’s decision to consolidate hundreds of bridge projects into a single procurement financed by a bond fund managed by a new Public-Private Partnership (P3) should serve as a model for the rest of the country. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build.

Indiana 40
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State by State Incentives Guide

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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
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New York Incentives and Workforce Development Guide

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The award evaluation will be based on demonstrated need, company size, willingness to share costs of technical expertise and contribute resources, involvement of employees and commitment to self-improvement. Debt refinancing, tax delinquency, employee benefit arrearage. The maximum award is a $50,000 grant. Not Eligible.

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STATE INCENTIVES GUIDE

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The COMMERCIAL FISHING AND AGRICULTURE BANK provides loans to fishing, tourism, natural resources and agriculture-based projects. 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.

Income 75