8. Research and Development Tax Credit: A tax credit is allowed for expenses of research conducted within Georgia for any business or headquarters of any such business engaged in manufacturing, warehousing and distribution, processing, telecommunications, tourism and research and development industries.

9. Child Care Credit: Employers providing or sponsoring child care for employees are eligible for a tax credit of 75% of their costs, up to 50% of state income tax liability.

10. Small Company Business Growth Tax Credit: A tax credit is granted for any business or headquarters of any such business engaged in manufacturing, warehousing, and distribution, processing, telecommunications, tourism, and research and development industries having a state net taxable income which is 20% or more above that of the preceding year if its net taxable income in each of the two preceding years was also 20% or more.

11. Sales Tax Exemptions:
• Manufacturing Machinery
• Raw materials
• Purchase for resale
• Machinery purchased new and used directly   in the manufacturing process
• Pollution control equipment
• Machinery components
• Computer equipment
• Cleanroom equipment
• Primary material handling
• Electricity

C. One Georgia Fund: The OneGeorgia Authority is a new tool created by the Governor and the Georgia General Assembly to help bridge the economic divide in Georgia. The Authority will channel one third of the state’s tobacco settlement to economic development projects for Tier 1 and 2 counties and, in certain instances, Tier 3 counties. Flexible assistance will be provided in the form of loans and grants to support local and regional economic development strategies. While the authority will support traditional economic development projects, it will also support innovative solutions to local and regional challenges.

1. Edge Fund - Special financial assistance is provided to eligible applicants in Tier 1 and 2 counties for locating economic development projects. Limited resources are available for communities when a project is considering one site in the State of Georgia and competing against another state. Response to applications is quick due to the sensitive nature of projects and their tight timeframes. Eligible applicants are city or county governments, development authorities or other public entities.

2. Equity Fund - The purpose of this fund is to provide a program of financial assistance that includes grants or loans and any other form of financial assistance to provide for infrastructure, services, facilities and improvements. Eligible applicants are cities, counties, development authorities or other public entities. Resources are limited and are awarded several times each year.

Companies must have a health care plan available for employees and meet state requirements for better pay.