Government Property Lease Excise Tax (GPLET) – Reduction of real property tax for qualified businesses through an in lieu excise tax. Title to the real estate must be held by a sponsoring government while the tax benefits are realized.
City of Phoenix Self Certification –Eliminates plan review by allowing a registered professional to take responsibility for and certify a project’s compliance with building code, standards and ordinances. Permits can be issued within one to five calendar days.
City of Phoenix Preferred Vendor Program – Become a certified Preferred Vendor of the City of Phoenix and receive bid preferences on city contracts valued at less than $50,000.
City of Phoenix Adaptive Reuse Program – The Office of Customer Advocacy (OCA) is dedicated to expediting the process of gaining a certificate of occupancy for adaptive reuse of existing buildings built before 1990 and that are less than 5,000 sf.
City of Phoenix EXPAND Program –A Community Development Block Grant (CDBG) funded job creation program that enables growing small businesses to access capital from conventional lending sources.
City of Phoenix Foreign Trade Zone – The City of Phoenix can sponsor a new FTZ application for sites within 60 miles, or within 90 minutes’ driving time from the Phoenix Port of Entry, which is Phoenix Sky Harbor International Airport.
Quality Facility Tax Credit – A Refundable Arizona state income tax credit equal to the lesser of either 10% of the total qualified investment made at the facility or $20,000 per qualified job created or $30 million per taxpayer.
Computer Data Center Program– Transaction Privilege Tax (TPT) and Use Tax exemptions at the state, county and local levels, on qualifying purchases of computer date center equipment for 10-20 years for qualified projects.
Quality Job Tax Credit– Arizona corporate income tax credit of $3,000 a year per employee for three years for up to 400 new jobs per year for projects that have at least a $5 million capital investment and create a minimum of 25 new jobs that meet certain wage requirements.
Job Training Funds–State-funded reimbursable grants of $2,000 – $5,000 per employee for training new and incumbent employees.
Research and Development Tax Credit–An Arizona income tax credit and/or partial refund of 24% of the first $2.5 million in qualifying expenses, plus 15% of the qualifying expenses in excess of 2.5 million for year 2011-17.
SMALL BUSINESS PROGRAMS
Angel Investment Program– Tax credits to investors who make capital investment in small businesses certified by the Arizona Commerce Authority (ACA).
Arizona Innovation Accelerator Fund–Financing to small businesses and manufacturers, in collaboration with private finance partners, to foster business expansion and job creation in Arizona.
Arizona Innovation Challenge Grant–A $1.5 million grant to the most promising technology ventures that participate in the 2nd Arizona Innovation Challenge (awards may range from $100,000 to $250,000).
Center for Entrepreneurial Innovation–CEI is a community-based facility at GateWay Community College that provides targeted business services and proactive business support. It is funded by the U.S. Economic Development Agency, City of Phoenix and Maricopa Community College District.