INCENTIVES
Central Electric Power Associations staff will tailor a package of incentives and financing programs that will make your Company’s expansion or location as simple and cost-effective as possible.    Federal Incentives                              State Incentives  Local Incentives  Utility Incentives  Financing Programs

FEDERAL INCENTIVES Gulf Opportunity Zone “G.O. Zone” Federal Renewal Community   STATE INCENTIVES Advantage Jobs Incentive Program Job Tax Credits Rural Economic Development Credits (RED) Existing Manufacturer Tax Credits Growth and Prosperity Program (GAP) National or Regional Headquarters Jobs Credit Research and Development Jobs Credit Sales and Use Tax Exemption for Construction or Expansion Sales and Use Tax Exemption for Bond Financing Skills Training Tax Credit Child/Dependent Care Tax Credit Industrial Revenue Bond Exemptions In-State Inventory Exemption Economic Redevelopment Act (Brownfields) LOCAL INCENTIVES  Property Tax Exemptions Free Port Warehouse Exemption Broadband Technology Ad Valorem Exemption UTILITY INCENTIVES Enhanced Security Deposit Program Enhanced Growth Credit Valley Advantage Grant Fund NOTE: Additional local utility incentives might be available depending upon which community you are          considering.  Please contact us for additional information.   FINANCE PROGRAMS   Grant Programs for Business Customers Development Infrastructure Program (DIP) Economic Development Highway Program (EDH) Industrial Access Road Program Freight Rail Service Grant Program (RAIL) Job Protection Grant Program Loan Programs for Business Customers Agribusiness Enterprise Loan Program Business Incubator Loan Program Energy Investment Program Existing Industry Productivity Loan Freight Rail Service Projects Revolving Loan Program Job Protection Loan Program Capital Improvements Revolving Loan Program Minority Business Enterprise Loan Program Minority Business Micro Loan Program Minority Surety Bond Guaranty Program Mississippi Capital Access Loan Program (MS CAP) Mississippi Business Investment Act Mississippi Major Economic Impact Authority Research and Development (Incubator) Loan Rural Impact Fund Loan         Financial Assistance for Communities   Grant Programs for Communities Community Development Block Grants Small Municipal and Limited Population Grant Rural Impact Fund Grant Loan Programs for Communities Airport Revitalization Revolving Loan Program Business Incubator Loan Port Revitalization Revolving Loan Program Rural Impact Fund Loan

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