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List of incentives available in this location for quick easy reference below.

Incentives

Table key

• Incentive offered
• Incentive not offered
• Did not submit information

Cash grants/incentivesMore [+]Less [-]
The Tennessee Department of Economic & Community Development administrates federal and regional grant and loan programs. Grants and loans are primarily channelled to: infrastructure projects, job training programs, education, housing and enterprise development. Green Island Biofuel Corridor Infrastructure Grant: assists retail vehicle fuel stations and farm co-ops with up to 80% of the costs to convert or install storage and fuel dispensing equipment for E85 and B20 pumps. The Tennessee Valley Authority works with the State of Tennessee to offer loan programs.
Tax exemptionsMore [+]Less [-]
Job Tax Credit: credit against a company’s franchise and excise taxes based on its capital investment and number of jobs created. Enhanced Job Tax Credit: provided to businesses locating in certain Tennessee counties. Job Tax Super Credit. Integrated Supplier and Integrated Customer Tax Credit. Industrial Machinery Tax Credit: may be used to offset up to 50% of the company’s F&E tax liability. Headquarters Tax Credits. Data Center Tax Credit.
Property assistance / other fiscal incentiveMore [+]Less [-]
FastTrack Infrastructure Development Program- funds can be used to build water systems, wastewater systems, transportation systems, site improvements and technology systems.
Training and labor market assistanceMore [+]Less [-]
Fast Track Job Training Assistance Program: This grant program begins with a company developing a training plan in conjunction with the Department of Economic & Community Development. Companies track costs associated with the training program and can seek reimbursement for classroom instruction; on-the-job training; vendor training; system support for certain applications; development and coordination of training programs and materials; travel related to training.
Loan guarantees, cheap loans or financeMore [+]Less [-]
Feedstock Processing Demonstration Loans: Administered by the Department of Economic Development and the Department of Agriculture, this program is designed to spur investment in agricultural feedstock processing facilities around the state, primarily to ensure that Tennessee-grown soybeans are utilized in the production of biodiesel fuel. Tennessee Energy Loan Program: This revolving loan program assists eligible Tennessee businesses in becoming more energy efficient through the identification, purchase and installation of approved energy efficiency and clean energy technology systems.
Exemptions from regulations
Target sectorsMore [+]Less [-]
Solar Other clean technology Advanced Manufacturing
Sectors specific incentivesMore [+]Less [-]
Green Energy Tax Credit: applies against F&E tax liability. Carbon Charge Tax Credit: applies against total F&E liability. Pollution Control Equipment Tax Credit: Qualified equipment will be taxed at salvage value. Certified equipment will also be exempt from all sales and use tax and allow the company to exclude it from its franchise tax base. Emerging Industry Tax Credit: Available to taxpayers that establish a qualified facility to support an emerging industry in Tennessee. The credit is equal to 6.5% of the 7% state sales tax and use tax.

Sponsorship

If you are the authorised promotions agency for Tennessee and would like to have your location highlighted on fDi Atlas, you can contact our sales team on + 44 (0) 207 775 6667 or contact us here.