Businesses
Government-funded
$25K
per applicant
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Provides $3,500 per new full-time job (and $500 per $5,000 in eligible equipment purchases) in non-refundable income tax credits to qualifying small businesses. Designed for businesses with 50 or fewer employees.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Business must have 50 or fewer full-time employees at time of application
2.Must create at least 1 new full-time job that pays at least the federal minimum wage
3.Purchase qualifying equipment, technology, or machinery
4.Application submitted within 18 months of hiring/purchase
5.Retail businesses and professional services excluded
CAEATFA · California
Full state and local sales and use tax exemption (7.25–10%) on equipment purchases for California manufacturers of solar, wind, batteries, EVs, fuel cells, and green building materials. Reduces equipment procurement costs with board pre-approval.
Utah OEO · Utah
30% state income tax credit on new employee wages for businesses creating 5+ jobs in rural Utah Economic Opportunity Zones. Meaningful incentive to locate outside Salt Lake's urban corridor, with a 5-year credit period.
GOED · Nevada
Sales tax abatements (up to 2%), property tax abatements, and Modified Business Tax credits for clean energy manufacturers locating or expanding in Nevada. Targets solar, wind, battery storage, and EV-related product manufacturers creating 10+ jobs.