Are you a business owner in northern Louisiana looking for government incentives to help you start or expand your business? Look no further! Louisiana offers a wide range of educational, management, and financial programs that foster small business opportunities. From grants and loans to tax credits and research and development assistance, there are plenty of options available to help you get your business off the ground. The LDEQ Small Business Assistance Program (SBAP) provides environmental regulatory assistance and information to small businesses and communities. It also offers seminars and courses for small and emerging construction companies that help build a strong knowledge base within the construction industry.
This program is designed to help small businesses understand the regulations they must follow in order to operate legally. Be sure to select your state from the drop-down menu above to find the contact information for the state office for this program and talk to a business program specialist before attempting to complete any form or application. Individual investors who invest in early-stage, wealth-generating companies seeking start-up and expansion capital may be eligible for a tax credit of up to 25 percent. Existing companies with operating facilities in Louisiana may also be eligible for a tax credit of up to 30 percent to establish or continue research and development in the state.
This is an excellent opportunity for businesses looking to expand their operations. The program will also create a searchable database for anyone who wants to sponsor a veterans business, active duty or reserve military personnel, or Gold Star's spouse. A veteran, active or reserve military member, or their spouse with a Gold Star rating who owns fifty-one percent of a company's ownership can apply for and obtain a certification that recognizes and promotes their business. This is an excellent way for veterans to get their businesses off the ground.
Finally, the program will accelerate the growth of second-phase businesses in rural Louisiana through peer-to-peer learning and development assistance. With access to resources such as mentorship programs, networking events, and educational seminars, businesses can gain valuable insight into how to grow their business in rural areas. If you're a business owner in northern Louisiana looking for government incentives or programs to help you start or expand your business, there are plenty of options available. From grants and loans to tax credits and research and development assistance, you can find the resources you need to get your business off the ground.
Don't forget about the LDEQ Small Business Assistance Program (SBAP) which provides environmental regulatory assistance and information as well as seminars and courses for small construction companies. Additionally, individual investors may be eligible for tax credits of up to 25 percent while existing companies may be eligible for tax credits of up to 30 percent. Finally, veterans can apply for certification that recognizes their business while second-phase businesses in rural Louisiana can access resources such as mentorship programs, networking events, and educational seminars.