BUSINESS & INDUSTRY SERVICES
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 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 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.
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
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.
1-50 Employees - Up to 90% Reimbursement
51-250 Employees - Up to 75% Reimbursement
251 or More Employees - Standard 50% Reimbursement
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.
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.
CHAMBERS OF COMMERCE