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INCENTIVE PROGRAMS

Louisiana


LED FastStart®
The nation's No. 1 workforce training program, FastStart, creates customized employee recruiting, screening and training solutions — at no cost to eligible companies.

Angel Investor Tax Credit
Up to a 35 percent tax credit for individual investors who invest in early stage, wealth-creating businesses that seek start-up and expansion capital.

Competitive Projects Payroll Incentive Program
The Competitive Projects Payroll Incentive Program provides an incentive rebate of up to 15 percent of a participating company's new payroll for up to 10 years.

Digital Interactive Media and Software Development Incentive
Provides a 35 percent tax credit for in-state labor, coupled with a 25 percent credit for eligible production expenses.

Enterprise Zone
A $2,500 tax credit for each certified net, new job created and either a 4 percent sales/use tax rebate on capital expenses or 1.5 percent refund on capital investment.

Industrial Tax Exemption
100 percent property tax abatement for up to 10 years on a manufacturer's new investment and annual capitalized additions.

Motion Picture Investor Tax Credit
A 30 percent transferable tax credit for qualified motion picture production expenditures and an additional 5 percent payroll tax credit for in-state labor.

Musical and Theatrical Production Tax Incentive
A robust 25 to 35 percent tax credit on qualified production or infrastructure development expenses with additional tax credits available for payroll and transportation.

Quality Jobs
Up to 6 percent rebate on annual payroll expenses for up to 10 years and either a 4 percent sales/use tax rebate on capital expenses or a 1.5 percent investment tax credit for qualifying expenses.

Research and Development Tax Credit
A tax credit up to 40 percent to existing businesses with operating facilities in Louisiana to establish or continue research and development within the state.

Restoration Tax Abatement
A five-year 100 percent property tax abatement for the rehabilitation of an existing structure.

Sound Recording Investor Tax Credit
A 25 percent refundable tax credit for qualified production expenditures on state-certified sound recording projects.

Technology Commercialization Credit and Jobs Program
A 40 percent refundable tax credit for companies that invest in the commercialization of Louisiana technology and a 6 percent payroll rebate for the creation of new, direct jobs.
 

 

Special Programs for Small Business


Economic Gardening Initiative
Provides customized core business strategies, market research, qualified sales leads and improved internet and technology tailored to your growing needs.

Hudson Initiative
Certification program offers greater access to purchasing and contracting opportunities at the state government level.

Small Business Loan and Guaranty Program
Provides loan guarantees to banks and other small business lenders in association with the SSBCI ranging from $5,000 to $1.5 million.

Small and Emerging Business Development Program
Provides for developmental assistance, including entrepreneurial training, marketing, computer skills, accounting, legal and industry-specific assistance.

Veteran Initiative
Helps veteran-owned and service-connected disabled veteran-owned small businesses gain greater access to purchasing and contracting opportunities at the state level.

For more information on any of the above Louisiana State Incentives, click here.
 

 

Federal

 

USDA Programs and Services
Grants and Loans


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