Businesses
Government-funded
$9K
per applicant
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Refundable tax credits reimbursing student loan payments for STEM, design, and medical degree graduates who live and work full-time in Rhode Island. Up to $6,000/year for associates/bachelors, $7,000 for masters, and $9,000 for doctoral/medical degrees.
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 live and work full-time in Rhode Island
2.STEM, design, or medical degree required
3.Repayment of student loans must be verified
4.Credit: $6,000–$9,000/year depending on degree level
5.Apply annually through RI Commerce; limited credits available each cycle
OEDIT · Colorado
3% state income tax credit for businesses investing in business personal property in Colorado's 16 Enterprise Zones, which cover the state's most economically distressed rural and urban areas. Stacks with other CO Enterprise Zone credits for wage, research, and job training.
KCED · Kentucky
Provides income tax credits and wage assessments to encourage new and expanding businesses to locate in Kentucky. Credits are tied to job creation and capital investment commitments over a 15-year term.
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.