Louisiana Statewide Incentives
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 25.2 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 — An incentive rebate of up to 15 percent of a participating company’s new payroll for up to 10 years, and a rebate of sales and use taxes on capital expenditures or a 1.2 percent project facility expense rebate.
QUALITY JOBS — Up to a 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.
DIGITAL INTERACTIVE MEDIA AND SOFTWARE DEVELOPMENT INCENTIVE — Up to a 35 percent refundable tax credit for in-state labor, coupled with up to a 25 percent refundable credit for eligible production 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.
ENTERPRISE ZONE — Either a $3,500 or $1,000 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 investment tax credit for qualifying expenses.
RESTORATION TAX ABATEMENT — A 100 percent property tax abatement for up to 10 years for the rehabilitation of an existing structure.
INDUSTRIAL TAX EXEMPTION — Up to 100 percent property tax abatement for up to 10 years on a manufacturer’s new investment and annual capitalized additions.
SOUND RECORDING INVESTOR TAX CREDIT — An 18 percent tax credit issued as a rebate for qualified production expenditures on state-certified sound recording projects.
MOTION PICTURE INVESTOR TAX CREDIT — Up to a 30 percent transferable tax credit for qualified production expenditures and an additional 10 percent tax credit for Louisiana labor expenditures.
TECHNOLOGY COMMERCIALIZATION TAX CREDIT — A refundable tax credit of 28.8 percent for companies that invest in the commercialization of Louisiana technology and a payroll rebate of 4.32 percent for the creation of new direct jobs.
MUSICAL AND THEATRICAL PRODUCTION TAX INCENTIVE — A unique tax credit on qualified production or higher education infrastructure development expenditures with additional tax credits available for payroll.
Special Programs for Small Business:
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.
ECONOMIC GARDENING INITIATIVE — Provides customized core business strategies, market research, qualified sales leads and improved internet and technology tailored to your growing needs.
SMALL AND EMERGING BUSINESS DEVELOPMENT PROGRAM — Provides for developmental assistance, including entrepreneurial training, marketing, computer skills, accounting, legal and industry-specific assistance.
HUDSON INITIATIVE — Certification program offers greater access to purchasing and contracting opportunities at the state government level.
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.