Incentives
Results
2024 Program DetailsQualified business and commercial property owners in the Opelousas Downtown Development District can now apply for a second round of grant funds for building rehabilitation through the Building Improvement Grant (BIG) program. The deadline for applications is August 15, 2024.This local grant program...
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Benefit
Rebate: provides a payroll rebate of up to 15% in target sectors for up to 10 years and either a 4% sales/use tax rebate on capital expenditures or a facility expense rebate equal to 1.2% of capital expenditures, excluding tax-exempted items.
Eligibility...
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Benefit
Tax credit program: provides a 35% refundable tax credit for Louisiana resident labor expenditures and up to a 25% refundable tax credit on qualified production expenditures.
Eligibility (Not Comprehensive)
Open to all companies producing digital interactive media products or platforms in...
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Benefit
Informational Services: Louisiana Economic Development's Economic Gardening Initiative provides Louisiana-based small businesses with the information they need to grow and succeed.
Eligibility (Not Comprehensive)
Company must have maintained its principal place of business in Louisiana for at least the last two...
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Benefit
Tax credit program: provides a one-time $2,500 tax credit per certified net new permanent, full-time job, and either a 4% sales/use tax rebate on qualifying expenses or an investment tax credit equal to 1.5% of capital expenditures, excluding tax-exempted items.
Eligibility (Not...
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Benefit
Certification program: designed to help eligible Louisiana small businesses gain greater access to purchasing and contracting opportunities that are available at the State governmental level.
Eligibility (Not Comprehensive)
The company must have it s principal place of business i n Louisiana...
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Benefit
Property tax abatement: provides a 100% property tax abatement for up to 10 years on manufacturer’s qualifying capital investments
Eligibility (Not Comprehensive)
Businesses must be classified as a manufacturer or related to the manufacturing project in order to receive the benefits...
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Benefit
Workforce development program: provides workforce recruitment, screening and training to eligible new and expanding Louisiana companies at no cost.
Eligibility (Not Comprehensive)
Any manufacturing, digital media, corporate headquarters, warehouse and distribution, research and development or other strategic facility must commit to...
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Benefit
Tax credit program: provides a tax credit of up to 30% on qualified production expenditures and an additional 10% tax credit for Louisiana resident labor expenditures.
Eligibiltiy (Not Comprehensive)
Open to all motion picture production companies headquartered and domiciled in Louisiana...
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Benefit
Tax credit program: provides a tax credit of 18% for musical and theatrical productions and state certified higher education infrastructure projects; additional credits are available for employing Louisiana residents and students in conjunction with state certified musical and theatrical productions.
Eligibility (Not...
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Benefit
Cash rebate: provides up to 6% rebate on annual payroll expenses for up to 10 years, and either a 4% sales/use tax rebate on capital expenditures or an investment tax credit equal to 1.5% of capital expenditures, excluding tax-exempted items.
Eligibility (Not...
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Benefit
Tax credit program: provides up to a 40% tax credit for Louisiana businesses (based on employment) that conduct research and development activities in Louisiana
Eligibility (Not Comprehensive)
Must have incurred research and development expenditures in Louisiana and who can meet certain...
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Benefit
Property tax abatement: Provides 100% abatement for up to 10 years for the rehabilitation of an existing structure based on assessed valuation of property prior to beginning of improvements.
Eligibility (Not Comprehensive)
Must be located in a qualifying district and approved...
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Benefit
Technical Assistance: provides the managerial and technical assistance training needed to grow and sustain a small business. Provides for developmental assistance, including entrepreneurial training, marketing, computer skills accounting, business planning, and legal and industry-specific assistance. Consideration for bidding on select products or services...
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Benefit
Loan assistance program: provides up to 75% loan guarantees to facilitate capital accessibility not to exceed $1.5 million. The program's purpose is to provide financial assistance, which will help with the development, expansion and retention of Louisiana's small business.
Eligibility (Not Comprehensive)...
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Benefit
Tax credit program: provides a 18% tax credit issued as a rebate on qualified expenditures for sound recording productions.
Eligibility (Not Comprehensive)
This program incentivizes sound recording, defined as recording of music, poetry or spoken-word performance made in Louisiana and produced...
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Benefit
Tax credit program: Provides a refundable tax credit of 28.8% for individuals or businesses that invest in the commercialization of Louisiana technology and a payroll rebate of 4.32% for the creation of new direct jobs.
Eligibility (Not Comprehensive)
Must commercialize a...
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Benefit
Certification Program: designed to help eligible Louisiana Veteran-owned and Service-Connected Disabled-Veteran-owned small businesses gain greater access to purchasing and contracting opportunities that are available at the state government level.
Eligibility (Not Comprehensive)
At least 51% of the business must be owned...
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