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
Provides a $7,500 per new full-time job income tax credit for businesses creating 10+ qualified jobs in Rhode Island over a 10-year period. Designed for growing companies in high-value sectors.
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.Must create at least 10 new full-time jobs in Rhode Island
2.Minimum salary: $50,000 per new hire (indexed annually)
3.10-year credit term; credits issued annually per job retained
4.Company must be in a qualified sector (excluding retail, food service)
5.Pre-approval from RI Commerce before hiring begins
NDED · Nebraska
Refundable income tax credits and sales tax exemptions for Nebraska businesses making significant capital investments and creating quality jobs, with tiered benefits based on investment and job levels.
DCEO · Illinois
Corporate income tax credits for Illinois businesses creating at least 10 new full-time jobs, providing credits equal to 50% of the income taxes withheld from new employees for up to 10 years. Retains and attracts corporate headquarters, manufacturers, and technology companies.
ACCD · Vermont
Cash incentive payments for Vermont businesses creating new qualifying jobs, calculated as a share of new payroll and capital investment over a 5-year period.