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AR
Equity Investment Tax Credit (EITC) – Tech-Based Businesses
Discretionary incentive allowing approved new technology-based businesses to offer investors a 33 1/3% Arkansas income tax credit on equity investments. Targeted toward businesses paying wages exceeding 150% of state or county average wage.
About this program
Visit the program website for full details.
Eligibility
New, technology-based businesses in Arkansas paying wages at least 150% of the state or county average hourly wage. Business must be approved by AEDC.
Requirements
- Must be a new, technology-based business in Arkansas
- Must pay wages exceeding 150% of state or county average wage
- Must receive AEDC discretionary approval