Leveraging Grants and Tax Incentives
Businesses can capture major financial benefits in states and cities across the nation.
You just have to know what to look for.
WHAT ARE INCENTIVES?
The overall economic impact is to promote the creation of more higher-wage jobs and company capital investment in target areas.
That’s why nearly every state in the country is trying to attract companies with incentives, and why you should know how to leverage them.
Federal, state, and local government agencies offer grants and tax saving incentives to enhance the economy by fostering business growth.
ELIGIBLE BUSINESS PLANS
Capital Cash Grants
New facility construction
Infrastructure & facility improvements
Substantial energy efficient equipment & installation
Workforce development & more
Business Income Tax Credits & Savings
Tax credits and other forms of tax savings can make a significant reduction in your companies overall income tax.
States and cities across the United States have different programs focusing on reducing your business income tax in order to foster growth.
Real & Personal Property Tax Savings
Company plans that include building a new facility or making a capital improvement to an existing location (real property) or purchasing equipment (personal property), can trigger tax savings on these investments.
Workforce Development Grants
Grants are given as a reimbursement on eligible expenses to compensate on costs and possibily co-workers time spent on improving your workforce.
These programs vary across the national, and are awarded for different eligible costs related to training.
Enterprise Zones & Distressed Areas
Energy Savings & Discounts
In certain states, utilities and government agencies may offer grants, tax credits, and cost reduction incentives for investment in energy efficiency.
Companies that plan to purchase and installing energy efficient equipment, scaling up energy use to demand high consumption, or need new service may be eligibile.