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State by State Incentives Guide

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Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office. The Alabama Innovation Fund supports and operates two (2) distinct programs. 40% of the annual funding available to the Alabama Innovation Fund, net of expenses, shall be used to fund the Research Program.

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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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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year. SMUD: ENERGY INNOVATORS. In the 2000 census, the Barstow area had a median income level of $35,069.

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BUSINESS REPORT: Virginia’s High-Tech Economy Keeps Growing

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It is a right-to-work state, has a fixed 6 percent corporate income tax rate and has one of the lowest average workers’ compensation costs and unemployment burdens in the U.S., In today’s environment, information technology is a competitive advantage,” said Rob Alexander, Chief Information Officer of Capital One.”.

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LOCATION FOCUS: United It Stands

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Coverage of its 4,974 square miles is aided by I-90, I-86 and Route 219; Buffalo-Niagara International Airport; the Port of Buffalo; and four class I railroads (CSX, Norfolk Southern, Canadian National and Canadian Pacific). million in funding from the New York State Housing Trust Fund/HOME and federal low income housing tax programs.

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Location Focus: Illinois – Trying to Make Headway in Every Way

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Arlington Heights is a growing, thriving community just northwest of Chicago, home to 76,000 residents with an average household income of $95,000. With this foundation of successful commercial growth DuPage County boasts the highest per capita income in the state and the Midwest, making it one of the most desirable counties in the entire U.S

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LOCATION FOCUS: Texas: Big Heart, Country, Business

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no personal income tax), business-driven tort reform, a variety of incentives and an overall low cost of doing business. Aerospace innovation that began with NASA continues to evolve in Texas as commercialized space exploration becomes a dominant force in the industry. The Austin office represents Facebook’s first major U.S.

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