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
Refundable income tax credit for Ohio businesses creating at least 10 new jobs (25 for non-manufacturing) with an average hourly wage of at least 150% of the federal minimum wage. Credit is negotiated based on payroll, investment, and project impact.
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.Minimum 10 new FTE jobs for manufacturing (25 for non-manufacturing)
2.Average wage: at least 150% of federal minimum wage ($10.88/hr)
3.Credit is negotiated: typically 35%–75% of income taxes withheld by new employees
4.Credit period: 5–10 years
5.Apply to Ohio Tax Credit Authority before project commencement
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.