BUSINESS INCENTIVES
We have the most comprehensive team in the State of Louisiana for providing business incentive services. Our experience in delivering bottom line benefits such as sales and use tax rebates, income/franchise job tax credits, cash grants, payroll rebates, property tax abatements, training grants, and income/franchise tax refunds is unmatched. Below is a list of some of the business incentive programs we consider during a typical project:
- Louisiana Enterprise Zone Program
- Louisiana Quality Jobs Program
- Gulf Opportunity Zone Incentives
- Katrina Emergency Tax Relief Act of 2005
- Work Opportunity Tax Credit
- Louisiana Industry Assistance Program
- Louisiana Industrial Tax Exemption Program
- Cooperative Endeavor Agreements
- Louisiana Tax Equalization Program
- Louisiana Restoration Tax Abatement Program
- Louisiana Economic Development Awards Program
- Louisiana Incumbent Worker Training Program
- Louisiana Workforce Development and Training Program
- Louisiana Capital Outlay Program
- Payment-in-Lieu of Taxes Agreements
- U.S. Department of Agriculture - Rural Development Grants
- Louisiana Governor’s Rapid Response Fund
- Louisiana Governor’s Office of Rural Development Grants
- Empowerment Zones
- Renewal Community Program
- New Markets Tax Credits
- Community Development Block Grants
- Other federal, state, and local business incentive programs
Experience
Advantous’ principals have been assisting companies with their Louisiana business incentive projects for years. We have extensive experience and have worked on some of the largest investments in the State. The table below outlines some of our most relevant experience:
| Industry | Investment |
| Manufacturing | $1.2B +/- |
| Storage | $1.0B +/- |
| Manufacturing | $500M +/- |
| Manufacturing | $475M +/- |
| Manufacturing | $350M +/- |
| Manufacturing | $300M +/- |
| Manufacturing | $250M +/- |
| Distribution | $230M +/- |
| Manufacturing | $200M +/- |
| Healthcare | $200M +/- |
| Manufacturing | $150M +/- |
| Manufacturing | $100M +/- |
| Healthcare | $80M +/- |
| Manufacturing | $60M +/- |
| Distribution | $50M +/- |
| Telecommunications | $35M +/- |
The total investment for these project exceeds $5.1 billion. We have helped these and other clients receive over $400 million of benefits through the delivery of our services.