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Pennsylvania Incentives and Workforce Development Guide

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For a list of Pennsylvania economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Global Access Program (GAP): (newpa.com/gap) Designed to enhance the capability of small to mid-sized Pennsylvania companies to increase export sales. Small Business Administration. .

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State by State Incentives Guide

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CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108
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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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Two unique state programs are the winners of our Achievement in Public-Private Partnership awards: The Pennsylvania Department of Transportation (PennDOT) , for its Rapid Bridge Replacement Project; and the New Jersey Economic Development Authority for the Edison Innovation Fund. and the largest road project in Pennsylvania’s history.

Indiana 40
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Business Facilities’ 15th Annual Rankings: State Rankings Report

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Tennessee is proud to be a right-to-work state with no personal income tax on wages. The dedicated technology hub will help accelerate the Fortune 50 company’s technology transformation, serving as the epicenter for the team Lowe’s is hiring to help modernize its IT systems and build future retail experiences.

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FEATURE STORY: 2013 Economic Development Awards

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Over $100 million in investments are expected to be made by concerns adjacent to the arena, which could generate over 1,000 new jobs, new retail and significant quality of life enhancements. That research supports the trade shows and targeted retail and hospitality efforts of the city. The company $7.2-million

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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URBAN OUTFITTERS DECIDES TO DOUBLE DOWN IN PENNSYLVANIA. When Urban Outfitters was considering a relocation, a full-court press by an “Action Team” including the Pennsylvania Governor’s office and the PA Department of Community and Economic Development convinced the specialty retail giant to double down on its investment in the Commonwealth.

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