Incentives & Financing

Louisiana Incentives & Financing

Incentive Programs Reduce Your Tax Liability

Businesses in Louisiana have access to a competitive, comprehensive portfolio of state and federal incentives that can make a profound impact on a company’s bottom line. Incentives, such as Enterprise Zone, Quality Jobs, Research & Development Tax Credit, Industrial Tax Exemption and Louisiana FastStart™ are available to help companies compete and succeed.

NLEP can provide information and guidance with applying with statutory or discretionary incentives .  Please contact our business development team for more information. (Qualifying for many of the incentive programs depends on job creation and capital investment.)

Federal Incentives 
State Incentives 
Local Incentives

Federal Incentives


The NMTC Program attracts private capital into low-income communities by permitting individual and corporate investors to receive a tax credit against their federal income tax in exchange for making equity investments in businesses or economic development projects located in some of the most distressed communities in the nation – census tracts where the individual poverty rate is at least 20 percent or where median family income does not exceed 80 percent of the area median. The credit totals 39 percent of the original investment amount and is claimed over a period of seven years. Learn more


Federal Opportunity Zones are a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017. This new federal capital gains tax incentive program is designed to drive long-term investments to low-income communities. The new law provides a federal tax incentive for investors to re-invest their capital gains into Opportunity Funds, which are specialized vehicles dedicated to investing in designated low-income areas. North Louisiana has many opportunities zones.  Learn more


The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment. The maximum tax credit ranges from $1,200 to $9,600, depending on the employee hired.Learn more on the U.S. Department of Labor website or the Louisiana Workforce Commission website .


The new law is structured to focus more on the employment needs of employers and to develop strategies for meeting those needs. At the local level, the local workforce board (WIB) will lead efforts to engage employers, including small employers and employers in in-demand industries. The new law promotes the use of sector (e.g., health care, manufacturing) strategies to form partnerships among key stakeholders in a local area. In addition, WIOA retains business majority membership on both state and local workforce boards to reinforce a demand-driven system. Lastly, it allows greater flexibility for the delivery of training services available to employers by increasing the ability to use on-the-job training, pay-for-performance training contracts and incumbent worker training to meet employers’ needs. Locate your local WIB that offer specific customized workforce incentives for your area. 


Foreign Trade Zones (FTZ) allow delayed or reduced duty payments on foreign merchandise, allowing US companies to engage in value added activities to effectively compete with foreign alternatives. Designated sites are supervised by local U.S. Customs and Border Protection (CBP) officials.  View a list of  Louisiana FTZs.


The R&D Tax Credit is not a deduction; it is an actual dollar-for-dollar credit against taxes owed or taxes paid. Additionally, the taxpayer may be able to expense all such qualifying R&D costs in the year incurred.The credit may be combined with Louisiana R & D credits.  Learn more


The Small Business Administration provides a variety of small business assistance programs including loans, business consulting, technical assistance and training. Learn more at local your Louisiana Small Business Development Centers or through the SBA website .


Business Programs provide financial backing and technical assistance to stimulate business creation and growth. The programs work through partnerships with public and private community based organizations and financial institutions to provide financial assistance, business development, and technical assistance to rural businesses. These programs help to provide capital, equipment, space, job training, and entrepreneurial skills that can help to start and/or grow a business.  Business Programs also support the creation and preservation of quality jobs in rural areas. Learn more  

State Incentives

Louisiana has a robust incentives programs available to both new and existing businesses. 
***A number of these programs require an Advanced Notification form and fee to be submitted to Louisiana Economic Development (LED) prior to any construction, renovations, purchases, hiring of employees, and etc. Failure to submit this form may disqualify you from being able to participate in the program(s). This form may be filed electronically by registering with FastLane .***

Statutory Incentives


The Quality Jobs, or QJ, program provides a cash rebate to companies that create well-paid jobs and promote economic development. The program provides up to a 6% cash rebate on 80% of gross payroll for new direct jobs for up to 10 years. Effective July 1, 2018, the rebate is available on 100% of gross annual payroll. QJ provides either a state sales/use rebate on capital expenditures or a 1.5% project facility expense rebate on the total capital investment, excluding tax exempted items. Learn more  


The Enterprise Zone program is a jobs incentive program that provides Louisiana income and franchise tax credits to a new or existing business located in Louisiana creating permanent net new full-time jobs, and hiring at least 50% of those net new jobs from one of four targeted groups. The benefit provides either a one-time $3,500 or $1,000 tax credit for each net new job created and either a rebate of state sales and use taxes paid on qualifying materials, machinery, furniture, and/or equipment purchased or a 1.5% refundable investment tax credit on the total capital investment, excluding tax exempted items. The rebate shall not exceed $100,000 per net new job. Learn more


This incentive provides to existing businesses with operating facilities in Louisiana a tax credit up to 30% of the expenses necessary to establish or continue research and development activities within the state. Learn more


This incentive provides a 25% tax credit on qualified payroll for in-state labor and 18% for qualified production expenditures with no cap and no minimum requirements. This tax credit can be applied to state income tax liability and the state will refund any overages or applicants can opt for 85% of the value earned as a rebate any time during the year.  Learn more


The Restoration Tax Abatement (RTA) program provides an up-to ten-year abatement of property taxes (ad valorem) on renovations and improvements of existing commercial structures and owner-occupied residences located within economic development districts, downtown development districts, historic districts, and opportunity zones. Five-year contract; option for five-year renewal with approval from local governing authority, Board of Commerce and Industry, and governor's approval. Learn more


Louisiana's Angel Investor Tax Credit (AITC) encourages accredited investors to invest in early stage, small wealth-creating Louisiana businesses that seek startup and expansion capital. The incentive provides a 25.% tax credit on investments by accredited investors who invest in businesses certified by Louisiana Economic Development as Louisiana Entrepreneurial Businesses (LEB) with $3.6 million annual program cap. Investors can invest $720,000 per business per year and $1.44 million per business over the life of the program. The AITC Program sunsets on July 1, 2021. Learn more

Discretionary Incentives


Considered the nation's best workforce training program, FastStart offers innovative, customized employee recruitment, screening, training development and training delivery for eligible, new or expanding companies. Learn more 

Local Incentives


The Louisiana Industrial Ad Valorem Tax Exemption Program (ITEP) is an incentive program which offers a property tax exemption for manufacturers within the state. With approval by the Board of Commerce and Industry and local governmental entities, the program provides an 80% property tax abatement for an initial term of five years and the option to renew for five additional years at 80% property tax abatement on a manufacturer’s qualifying capital investment related to the manufacturing process in the state.  Learn more 


The Restoration Tax Abatement (RTA) program provides an up to ten-year abatement of ad valorem property taxes on the renovations and improvements of existing commercial structures and owner-occupied residences. This is a five-year contract with an option for a five-year renewal with local governing authority approval. Learn more

Contact NLEP

North Louisiana Economic Partnership 
Regions Tower
333 Texas Street, Suite 411 
Shreveport, LA 71101 
1900 North 18th Street, Suite 501 
Monroe, LA 71201