INCENTIVE DESCRIPTION

State:	DE
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Jobs Credits
Description:	1. EXPANSIONS WITH EMPLOYMENT This credit can be used to offset up to 50% of corporate income taxes. The credit provides up to $400 for each new employee and additional $400 for each $100,000 of investment. Unused credits may be carried forward for 10 years. The business must hire a minimum of 5 employees. 2. BLUE COLLAR JOB ACT: Credits for corporate income tax, gross receipts tax, and/or public utility tax for hiring 5 or more qualified employees and investing at least $200,000 ($40,000/qualified employee) in a qualified facility.
Eligibility Requirements:	1. Must be an eligible industry meeting job requirements and completing all required applications. 2. Must be an eligible industry meeting job requirements and completing all required applications.
Geographic Restrictions:	Statewide
Granting Authority:	State of Delaware

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.