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
Income tax credits for qualifying businesses creating new jobs in West Virginia, calculated as a percentage of wages paid to new employees, with enhanced benefits for jobs in manufacturing and technology 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 20 new full-time jobs paying 130%+ of state average wage
2.Jobs must provide employer-sponsored health and retirement benefits
3.Credit: 5% of wages paid to new employees for up to 5 years
4.Enhanced credit for manufacturing and technology: additional 2% per year
5.Must maintain WV operations and employment levels for the credit period
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).