Economic Development Incentives

Recover up to 25% of capital investment

Whether you are locating, expanding, relocating, or consolidating anywhere in the US, ADP can help you increase the return on investment for those projects by meeting strategic goals, negotiating incentives and administering the award package.

Key opportunities that ADP can help you take advantage of:

• Meet strategic location goals
• Minimize the administration of the tax credit package
• Receive training credits and grants

Economic Development Incentives
ADP’s Economic Development group has been responsible for numerous successful site location and retention projects, involving incentive awards in excess of $2 billion. Our team of experts can provide a complete turnkey program of location selection services and incentives identification, negotiation, documentation, reporting and compliance. Or, you can select any combination of our services to complement your internal resources.

Location Selection
ADP delivers comprehensive location selection solutions that identify the most suitable site for your business location. Our practice and our methodology stem from the total business needs of the client. ADP provides an interactive way to identify and objectively measure key business drivers while promoting the consensus-building within your organization that will be critical to the project’s success.

Incentive Negotiation
If your company is expanding, consolidating or closing facilities, adding equipment, training employees, or adding jobs, ADP can reduce your costs by up to 25% with negotiated incentive packages. The final incentive package can contain “above the line” savings such as cash grants, property tax abatements, sales tax exemptions, utility rate reductions, infrastructure grants, subsidized land or buildings, low-cost financing, fee waivers, and wage subsidies.

Incentive Administration
ADP provides you with the tax credit and economic incentive specialists versed in handling all your incentive administration needs, helping ensure that you receive and retain the awards you deserve. Working with various State Economic Development Authorities on your behalf, ADP can handle every aspect your incentive programs, handling the process from application through administration to help ensure your company receives the incentives it deserves.

Training Grants
ADP’s tax credit experts have training credit experience and work with our clients to maximize the available tax incentives for training. Our comprehensive training incentive program helps ensure that your company receives the optimal grant funds needed to train and upgrade your workforce, and simultaneously qualifies your company for all available employment and training tax credits at the state and federal levels.