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Oregon Incentives and Workforce Development Guide

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Oregon Capital Access (CAP) Program: The CAP helps lenders (banks and credit unions) make more commercial loans to small businesses and provides capital for start-up or expansion. Collateral to secure the loan or personal guarantees of major owners. treasury Bills plus 1% APR (4% minimum APR); and a 1.5% loan origination fee.

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South Dakota Incentives and Workforce Development Guide

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All projects must meet one of HUD’s national objectives, with the primary objective to benefit people of low-moderate income (LMI). Through a partnership with the ethanol industry, the legislature repurposed funding a total of $10 million to secure additional capital for the Revolving Economic Development Initiative (REDI) Fund.

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Texas Incentives and Workforce Development Guide

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Funds must be used for real estate development (acquisitions, construction and/or rehabilitation) to assist a business, which commits to create and/or retain permanent jobs, primarily for low- and moderate-income persons. A company can secure loans with property, plant and equipment which can be amortized over the life of the asset.

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State by State Incentives Guide

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Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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STATE INCENTIVES GUIDE

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INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. 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.

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Feature Story: 2016 Economic Development Awards

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focused on mobile, security and business operations software). This marks a transformative moment for Rochester that will fuel economic growth, create jobs and further secure this region’s place as the photonics capital of the nation,” said Gov. NJEDA previously invested in four Edison Partners funds. Andrew Cuomo.

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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. The maximum award is a $50,000 grant. 40% JDA Loan.