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FEATURE STORY: 2013 Economic Development Awards

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The finalists for our new overall Economic Development Excellence awards were asked to prepare a detailed submission that summarized the most productive project development in their locations and gave our us an overview of the economic development strategy they have deployed to ensure sustained long-term growth.

El Paso 106
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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

Income 108
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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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The federal Bureau of Land Management, which has subsurface mineral rights for much of the Monterey shale field, in December sold about 15 leases for thousands of acres of potential shale development in California. According to reports, a battle for mineral rights is now underway in the scenic vineyards of Hames Valley near Bradley, CA.

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STATE INCENTIVES GUIDE

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ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.

Income 75
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Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

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Since its inception in 2008, the program has recognized 47 active AdvantageSite locations in the state after meeting guidelines such as utility and environmental standards, size, zoning and accessibility. The park also has a 29,580-square foot spec building that is for sale or lease and can be finished to the clients’ specifications.

Site 66
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Industry Focus: Aerospace Sector Is Flying High Again

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Number one issue today is skilled and available workforce and a sustainable pipeline for talent acquisition. With no state sales or income tax, limited corporate taxes and new tax incentives, like R&D Tax Credits and Economic Revitalization Zone Credits, the tax burden is ranked as BEST in New England and 8th in the nation by the U.S.

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Cover Story: New Energy Powers Growth

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These grants will be available statewide in order to support the commercialization of new technologies leading to the creation of high-paying, sustainable jobs in the commonwealth. The grant anticipates that the center will become self-sustaining after the initial three-year period.