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South Dakota Incentives and Workforce Development Guide

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million for new ethanol infrastructure at retail fueling stations. The bank or credit union must file all of the documents it requires of the applicant, as well as all internal documents relating to the loan with the Governor’s Office of Economic Development in order to receive the paperwork relating to the MicroLOAN Express loan.

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New York Incentives and Workforce Development Guide

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Commercial District Revolving Loan Funds: ESD has capitalized over $600,000, making funds available to five community-based corporations to administer and make loans to small retail and service businesses in their service areas. Borrowers must have at least a 10% equity interest in the project or business. Eligibility.

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State by State Incentives Guide

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Inventory is exempt from property tax. The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business. TAX INCENTIVES.

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STATE INCENTIVES GUIDE

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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
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Feature Story: 2016 Economic Development Awards

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With such a large inventory of bridges and a sizeable backlog of repair needs, we looked to innovative solutions to address the problem,” said PennDOT Secretary Leslie S. agriculture, construction, gambling, healthcare and retail). It reimburses 50 percent to 75 percent of employee wages. ACHIEVEMENT IN TARGETED INCENTIVES.

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