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Billtrust Expanding, Creating 200 New Jobs In New Jersey

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Billtrust, a payment cycle management software company, has decided to expand its operations and workforce in New Jersey, following approval of Grow New Jersey (Grow NJ) tax credits by the New Jersey Economic Development Authority (EDA) Board at its August meeting. Photo: Billtrust/Glassdoor.

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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

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“Not only will this encourage more companies to create jobs throughout New Jersey, it will also give an extra boost to some of our biggest cities,” Gov. These five projects—located in Camden, Neptune, Bridgewater, Newark and Jersey City—are slated to receive a total of approximately $92.9 Christie said. headquarters.

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FEATURE STORY: 2013 Economic Development Awards

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There also were 23 other company relocations and expansions throughout Broward County in 2012, resulting in 1,669 new jobs, 1,689 retained jobs and more than $88 million in new capital investment. Highlights include the largest industrial spec development lease in the last five years in Broward County.

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FEATURE STORY: 2014 Economic Development Awards

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Choose New Jersey/NJ Economic Development Authority for Grow NJ (the Grow New Jersey Assistance Program). Base tax credits under the new Grow NJ program range from $500 to $5,000 per job (per year), with bonus credits ranging from $250 to $3,000. to expand its South Bend operation and add up to 200 new jobs.

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State by State Incentives Guide

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Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Alabama Industrial Access Road & Bridge Program: Provides financial assistance to communities for industrial access to new and expanding industries.

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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 percent of the project costs. It allows for the construction of roads, bridges, etc.

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Feature Story: Public-Private Partnerships – An Alliance For Progress That Works

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In 2011, Emerson leased 18,000 square feet of space at the Sawgrass International Corporate Park with the option for an additional 9,500 square feet. The expansion made room for 20 new employees, which brought its total employment in Sunrise to more than 70. Navy Federal Credit Union, Bristol-Myers Squibb and Deutsche Bank.

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