BUSINESS & INDUSTRY SERVICES

 

QUICK START

Quick Start is nationally recognized for providing high-quality training services at no cost to new or expanding businesses in Georgia that are preparing to hire a minimum of 15 net new employees in the same job classification for the manufacturing and warehouse and distribution industry or 25 net new employees in the same job classification for the service industry. Since 1967, Quick Start has provided customized training for hundreds of thousands of employees and for thousands of businesses and industries throughout the state.

 

 

GEORGIA RETRAINING TAX CREDITS

Georgia Retraining Tax Credits are available to foster the profitability and competitiveness of Georgia’s existing businesses by encouraging workforce development through retraining tax incentives, help companies offset the costs of retraining employees that are affected by the implementation of new equipment or new technology, and enhance the skills of Georgia employees to enable them to successfully use new equipment, technology, or operating systems. An eligible business may be granted tax credits equal to one half of the direct cost of retraining, up to $500 per program per year per person, up to $1,250 per person per year, and up to 50% of the amount of the taxpayer's income tax liability for the taxable year as computed without regard to this Code.

 

 

THE BURSON CENTER

The WGTC Economic Development Division supports and promotes entrepreneurship and small business through its partnership with The Burson Center, a Carroll Tomorrow initiative, that hosts the RISE program, Resources for Innovation, Small Business and Entrepreneurship. This system of services facilitates small business growth in the West Georgia region by encouraging new ventures, serial entrepreneurs, innovation and expansion of existing business. The Center houses a 24,400 square foot mixed-use incubator for new and growing companies, all operating under one roof, sharing services, programming and equipment. Technical assistance is part of the incubation process. Developing business plans, cash flow projections, financing options, global trade opportunities and market research are just a few of the services coordinated through the Center in cooperation with our RISE Partners. Other resources include in-house legal and accounting assistance, training seminars, mentoring, business to business networking and technical support. Prospective clients are required to attend a basic ‘Starting a Business’ seminar for a nominal fee.

 

 

WORKFORCE INVESTMENT BOARD

Your local Workforce Investment Board provides a variety of free services to unemployed individuals and employers.

 

Carroll, Coweta, Heard, Meriwether, and Troup: West Central Georgia Workforce Investment Board

 

Douglas: Atlanta Regional Commission Workforce Investment Board

 

Haralson: Northwest Georgia Workforce Investment Board

 

Individuals - Job Search Assistance, Career Counseling, Budgeting and Financial Planning, Vocational Assessments, Assistance with cost associated with training, Childcare Needs, and Travel.

 

Employers - Recruitment and Screening of Qualified Job Applicants, Match Qualified Applicants to Your Job Openings, Access to Local, State, & National Labor Pools, Assessment of Applicants' Knowledge, Skills & Abilities, Office Space for Recruiting and Interviewing Applicants, Labor Market Information, On-the-Job Training Hiring Incentives, Tax Credits for Hiring Eligible
Applicants, Unemployment Insurance Information, and Outplacement Services for Employees
Affected by Downsizing.

  • On-The-Job Training assists employers by offsetting the costs associated with training new employees. Reimbursements to employers can range from 50% to 90% of the trainee’s wages depending on the size of your company. WIB may locate participants in their services that meet your needs and criteria, individuals recommended by WIB are interviewed by the employer, and the employer does the hiring, and sets the training plan for the individual(s) hired. All participants must be unemployed, eligible to receive Workforce Investment Act services, and must be documented as having the aptitude to complete the job duties designated by the employer. Through this initiative, employers may gain motivated employees and may be eligible to receive up to $5,000 in training reimbursement expenses as well as other substantial tax breaks. Jobs must pay a minimum of $7.50 per hour to qualify and cannot exceed Georgia’s average hourly wage that is capped at $17.89 per hour.

    1. 1-50 Employees - Up to 90% Reimbursement

    2. 51-250 Employees - Up to 75% Reimbursement

    3. 251 or More Employees - Standard 50% Reimbursement

 

SMALL BUSINESS RESOURCE DIRECTORY

Small businesses comprise 97% of Georgia companies. No small part of the state’s economic lifeblood, small businesses reflect Georgia’s entrepreneurial spirit and fuel job growth, as well as personal pride. Georgia is ranked #1 in the nation for the best environment for entrepreneurs, in part because we offer a host of innovative resources to help small businesses succeed. Learn how we are Supporting Georgia’s Businesses.

WOMEN, MINORITIES AND YOUTH

 

RESEARCH, INNOVATION & TECHNOLOGY

TAX CREDITS

Tax credits give Georgia businesses the opportunity to minimize or even eliminate state corporate income tax. They apply to all qualifying companies - large, small and in between - rooted in Georgia or new to the state. Typically, corporate income tax credits apply to 50 percent of a company’s state tax liability in a given year. But in some cases, they can offset up to 100 percent of corporate income tax as well as payroll withholding liability. The tax credits referenced here are extended by the state of Georgia, so be sure to check with city and county governments to identify local incentives. In addition, Georgia offers tax exemptions to support business growth.

Here are the primary tax credits Georgia extends to new and existing companies:

Job Tax Credit
Businesses in seven strategic industries can earn as much as $4,000 in annual tax savings for each new job created, for up to five years. The exact value of the job credits depends on two factors - how many jobs are created, and where.
Read more about Job Tax Credit ▶

Qualilty Jobs Tax Credit
Companies that create at least 50 jobs in a 12-month period - at wages that are at least 10 percent higher than the county average - qualify for a tax credit of $2,500 to $5,000 per job.
Read more about Quality Jobs Tax Credit ▶

Port Tax Credit Bonus
Georgia companies that increase imports or exports through a Georgia port by at least 10 percent can qualify for a bonus tax credit. Two options are offered: an addition of $1,250 to the job tax credit or an adjustment in the investment tax credit.
Read more about Port Tax Credit Bonus ▶

Work Opportunity Tax Credit
Georgia’s Department of Labor administers a federal tax credit to Georgia companies that hire individuals who have faced barriers to employment. The tax credit ranges from $1,200 to $9,000 per hire.
Read more about Work Opportunity Tax Credit ▶

Mega Project Tax Credit
Businesses that employ at least 1,800 “net new” employees and have either a minimum annual payroll of $150 million or make a minimum $450 million investment in Georgia qualify for the mega project tax credit.
Read more about Mega Project Tax Credit ▶

Investment Tax Credit
Companies in manufacturing or telecommunications support that have operated in Georgia for at least three years are eligible to earn investment tax credits for upgrades or expansions. Credit earned amounts to 1 percent to 8 percent of qualified capital investments of $50,000 or more.
Read more about Investment Tax Credit ▶

OPTIONAL INVESTMENT TAX CREDIT
Optional investment tax credits reward growing companies for making major investments in Georgia. The exact value of the optional investment tax credits depends on three factors: how much is invested; where the investment is made in Georgia; and the change in a company’s tax liability.
Read more about Optional Investment Tax Credit ▶

Research and Development Tax Credit
Companies that increase qualified research spending may qualify for an R&D tax credit equal to a portion of that spending increase.
Read more about Research and Development Tax Credit ▶

Retraining Tax Credit
Georgia businesses may offset their investment in retraining employees to use new equipment or learn new skills through a retraining tax credit. The credit equals 50 percent of direct training expenses, up to $500 credit per full-time employee, per training program.
Read more about Retraining Tax Credit ▶

Film, Television and Digital Entertainment Tax Credit
Film and television companies may receive a tax credit of up to 30 percent of money spent on production and post-production in Georgia, either in a single production or on multiple projects. Minimum spending amount is $500,000. Sales and use tax exemptions can save as much as an additional 8 percent.
Read more about Film, Television and Digital Entertainment Tax Credit ▶

 

CHAMBERS OF COMMERCE

 

Carroll County

 

Coweta County

 

Douglas County

 

Haralson County

Heard County

Meriwether County

Troup County

 

 

DEVELOPMENT AUTHORITIES

 

Carroll County

 

Coweta County

 

Douglas County

 

Haralson County

 

Heard County

 

Meriwether County

 

Troup County