State Incentive

State Infrastructure Grants-Job Creation Incentive

Summary

AEDC shares the cost of project infrastructure needs by committing grants from state and federal infrastructure funds. The amount of assistance committed is dependent upon the strength of the company, number of jobs, average wage, project investment and costs associated with facility/site improvements. 

Eligibility

  • Manufacturers in NAICS codes 31-33

  • Businesses primarily engaged in the design and development of prepackaged software, digital content production and preservation, computer processing, data preparation services or information retrieval services. Eligible computer-related businesses must derive at least 75% of their revenue from out-of-state sales

  • Businesses primarily engaged in motion picture production that derive at least 75% of their revenue from out-of-state sales

  • Distribution centers that derive 75% of their sales revenue from out-of-state customers

  • Intermodal facilities with more than one (1) mode of interconnected movement of freight, commerce, or passengers

  • Office sector businesses that support primary business needs and that are non-retail businesses deriving at least seventy-five percent (75%) of their sales revenue from out-of-state

  • National or regional corporate headquarters as classified in the NAICS code 551114

  • Firms primarily engaged in commercial, physical and biological research as classified in the NAICS code 541710

  • Scientific and technical services businesses that derive at least 75% of their revenue from out-of-state sales. The average hourly wage paid by these businesses must exceed 150% of the county or state average hourly wage, whichever is less.