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New Jersey Tax Credits Encourage Job Creation, Investment

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million in private investment, thanks to Grow New Jersey (Grow NJ) tax credits recently approved by the Board of the New Jersey Economic Development Authority (EDA). Grow NJ is the state’s primary program for job creation and retention under the Economic Opportunity Act (EOA.) Gourmet Nut Inc.

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

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The New Jersey Economic Development Authority (NJEDA) recently approved the first projects under the revised Grow NJ program to encourage businesses to increase employment in New Jersey. NJEDA approved a significant Grow NJ award of up to $39.5 Laurel, NJ. A Grow NJ incentive worth up to $12.7 headquarters.

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SNAPSHOTS: 60 Seconds… with Dennis Davin, Secretary, PA DCED

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PIDA supports the growth of Pennsylvania businesses by offering creditworthy small businesses access to export financing capital in order to fill this underserved niche. In return, PIDA offers low-interest loans to finance these types of projects. In return, PIDA offers low-interest loans to finance these types of projects.

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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.

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FEATURE STORY: 2014 Economic Development Awards

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Certain types of businesses are excluded from the program, including retail and wholesale businesses; restaurants and hospitality; professional practices like law firms and medical offices; and energy production and distribution companies. Kentucky Cabinet for Economic Development , for the Kentucky New Energy Ventures (KNEV) Fund.

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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: 2016 Economic Development Awards

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Pennsylvania’s decision to consolidate hundreds of bridge projects into a single procurement financed by a bond fund managed by a new Public-Private Partnership (P3) should serve as a model for the rest of the country. The $722-million project is the largest private-activity bond financing of a public-private partnership in the U.S.

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