Businesses
Government-funded
Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Returns a portion of Maine income tax withholdings generated by new employees back to qualifying businesses as a refundable tax credit. Businesses receive 30–80% of new payroll withholdings for up to 10 years.
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 create at least 5 net new full-time jobs paying above county average
2.Approved sectors: manufacturing, R&D, financial services, certain services
3.Reimbursement rate: 30–80% depending on county tier
4.10-year benefit period from date of first eligible employee
5.Application before hiring; certified annually by DECD
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).