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
10-year complete New York State tax exemption for startups and expanding businesses that locate in tax-free zones on or near participating SUNY, CUNY, and private college campuses. Covers all NY state and local taxes — income, sales, property — for qualifying businesses and their employees.
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 locate in a designated START-UP NY zone on a university campus
2.Must partner with the host university (research collaboration, internship, licensing)
3.Qualifying industry: manufacturing, software, life sciences, research, high-tech
4.10-year full exemption: no state income tax, sales tax, or property tax for business or employees
5.Minimum 1 FTE hire per year; annual reporting required
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.
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.
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.