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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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. “Locating this Innovation Center in [the Atlanta area] makes good business sense because we can draw from a deep pool of local talent,” said Randy Mott, GM’s chief information officer. Additional phases over the next five years will add 600,000 square feet of sound stages as well as more workshop/office space for production companies.

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Cover Story: Global Biotech Report

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Our itinerary includes the new Biosciences Training Center, now under construction in Georgia, and a look at the Life Sciences Greenhouses in Pennsylvania, which nurture the seedlings of innovation until they’re ready to blossom into commercial use. It also offers lab- and office-space to young companies. Then, it’s back to the U.S.,

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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 principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The tax for existing entities accrues as of Jan. 25 to $1.75

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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: 2013 Economic Development Awards

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Highlights include the largest industrial spec development lease in the last five years in Broward County. The Internet company received a $2-million incentive package (tied to job-creation commitments) for its relocation to the 100,000-square-foot office. Saveology’s move to Margate will add 700 jobs to its operation.

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Cover Story: New Energy Powers Growth

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Pennsylvania went from importing 75 percent of its natural gas requirements in 2007 to becoming a net exporter of natural gas in 2011; PA is now the second-largest natural gas producing state in the United States. 2-5 states (Ohio, 0.250; Mississippi, 0.233; Pennsylvania, 0.223; and Texas, 0.210), according to the U.S.

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COVER STORY: Editors’ Location Picks

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The Greenhouse accelerates technology commercialization with seed and early-stage companies; connects investors with its Investment Portfolio companies; expands established life sciences ventures and relocates biomedical companies to Pennsylvania. eStockIt.com in Hollywood is an online retailer of restaurant, janitorial and office supplies.

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