To apply electronically for programs and incentives the ACA offers, click here. View the PowerPoint slide show for details about the EASY application system.
Incentives Administered by ACA
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Angel Investment
An investor may obtain an income tax credit of up to 35% for investing in a qualified small business. Companies are encouraged to learn more about becoming certified by ACA.
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Arizona Innovation Accelerator Fund
$18.2 million loan participation program to stimulate financing to small businesses and manufacturers, in collaboration with private finance partners, to foster business expansion and job creation in Arizona.
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AZ Fast Grant
Enables Arizona-based technology companies to initiate the commercialization process. Total funds available for this grant round are $175,000. Maximum awards of $5,000 and $20,000 will enable companies to accomplish one of four scopes of work.
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AZ Step Grant
Grant funding from the U.S. Small Business Administration (SBA) with matching funds contributed by the Arizona Commerce Authority (ACA) offering a number of services and tools to Arizona small businesses as they go global for the first time with sales or enter new, international markets.
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Commercial/Industrial Solar
Businesses installing a solar energy device at an Arizona facility may be eligible for an income tax credit of up to $50,000 per tax year.
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Job Training
Provides reimbursable grants to employers that implement job‐specific training plans for new jobs or for training plans that increase the skill level of current employees.
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Military Reuse Zone
Companies located in a zone, can benefit from a Transaction Privilege Tax Exemption, Tax Credit for net new jobs and Property Tax Reduction.
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Quality Jobs
Provides income tax credits of up to $9,000 for each new quality job created.
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Renewable Energy Tax Incentive
Companies engaged in the solar, wind, geothermal and other renewable energy industries may obtain up to a 10% refundable income tax credit and up to a 75% reduction on real and personal property taxes.
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Qualified Facility
Offers a refundable income tax credit equal to the lesser of:
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(i) 10% of the qualifying capital investment, or
(ii) $20,000 per net new job at the facility. -
Research & Development
Refundable income tax credits are available for investments in research and development activities conducted in Arizona. The tax credit starts at 22% of the qualified R&D expenses for amounts in excess of expenditures from the previous year. Recent legislation enhances the tax credit amount up to 34% if increased R&D expenditures are made in conjunction with an Arizona public university.
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Healthy Forest
Harvesters, processors and transporters of small diameter timber, may receive: Use Fuel Reduction, Transaction Privilege Tax Exemptions, Use Tax Exemption, Property Tax Reduction and Income Tax Credits.
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