100% INVESTED IN BUSINESS GROWTH

100% INVESTED IN BUSINESS GROWTH

 

As a business-friendly state, Arkansas offers a range of competitive incentives for businesses looking to open, expand or relocate. From cash rebates to community grants, Arkansas business incentives encourage job creation and investment.

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JOB CREATION INCENTIVES

Arkansas offers several types of job creation incentives, including income tax credits, cash rebates, and infrastructure grants.

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INVESTMENT INCENTIVES

Arkansas’ investment incentive, Tax Back, is a sales and use tax refund for the purchase of building materials, machinery, and equipment.

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EXEMPTIONS/REDUCTIONS

Arkansas offers a variety of tax exemptions and reductions. These include exemptions for purchasing equipment, providing childcare and tuition reimbursement, and rehabilitating properties.

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EQUITY INVESTMENT TAX CREDIT

This discretionary incentive is targeted toward new, technology-based businesses paying wages in excess of the state or county average wage.

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SPECIALIZED INCENTIVES

Arkansas can provide specific incentives for industries that meet expenditure requirements, including the film and motion picture industry.

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RESEARCH & DEVELOPMENT INCENTIVES

Arkansas’s Research & Development incentive programs are intended to provide incentives for university-based research, in-house research, and research & development in start-up, technology-based enterprises.

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COMMUNITY DEVELOPMENT BLOCK GRANT

The Community Development Block Grant (CDBG) program benefits low- and moderate-income persons and addresses other urgent community development needs.

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TARGETED BUSINESS INCENTIVES

At the discretion of the AEDC Executive Director, businesses may be offered incentives designed to help knowledge-based, start-up businesses.

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AEDC Rule Book

The AEDC Rule Book summarizes the incentive programs available to companies looking to expand or relocate in Arkansas.

CONTACT

Bentley Story

Director - Business Development

501-682-7384