article thumbnail

Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of Virginia economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Economic Development Access Program: Administered by the Virginia Department of Transportation, it assists localities in providing adequate road access to new and expanding basic employers.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

Income 108
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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

We chose three winners for our Achievement in Logistics award: the Port of Baltimore and the Port of Virginia , both of which are being honored for their readiness in preparing for the opening later this year of the expanded Panama Canal; and the CenterPoint Intermodal Center in Illinois, North America’s largest inland port.

Indiana 40