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LOCAL PROGRAMS

The GBEDF’s assistance has played major roles in developing new projects for business in our market. Whether you are an existing business employing local people or a new business starting in our market, important factors to be considered are:

  • The number of new jobs created
  • The amount of investment you will be making in an expansion or new facility
  • Does your business fit the overall model of community?

Of course there are other factors involved in receiving incentives on both GBEDF’s side and yours. GBEDF only makes investments in infrastructure development. We typically do not work towards cash grants.

Other local programs include:

Industrial Property Tax Exemption

Learn more about Industrial Property Tax Exemptions >

  • Available for new or expanding manufacturing businesses
  • 5 year 100% property tax exemption with the option to renew for an additional 5 years
  • Exemption includes the purchases of
    • All improvements to land
    • Machinery and Equipment
    • Furniture and Fixtures

 

Foreign Trade Zones

Learn more about Foreign Trade Zones >

  • Imported materials/components into the U. S. pay no duty until they enter the market
  • Goods shipped out of the country, from the foreign trade zone, are duty free
  • Located at the Port of Shreveport-Bossier

 

Downtown Redevelopment Plan

EDUCATION + WORKFORCE = DEMAND

  • QUALITY OF LIFE IMPROVEMENTS
  • AGILE WORKFORCE (CSC) 800 PEOPLE
  • RETAIN LOCAL TALENT
  • CONTINUED GROWTH IN CITY CENTER

Download the Downtown Redevelopment Plan >

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