Taxes & Incentives

A wide range of incentives and business assistance programs are available at the state level or through partner organizations. Additional incentives and business assistance at the local level may be available and can be explored by contacting us for more information.

State Incentives

The State of Alabama offers a range of incentives for new and existing industries including assistance with infrastructure development, tax incentives, and a variety of business assistance programs.

Customized Workforce Training

Customized and comprehensive training and workforce is available through AIDT, recognized as one of the top statewide workforce development programs in the country.

PowerSouth Funding Programs

Funding programs for local communities as well as new and existing industries include the Business Development Loan Program and several Revolving Loan Funds. Learn more at PowerSouth Energy Cooperative.

Local Incentives

Industrial Revenue Bonds (IRB), local tax incentives, and other local assistance may be available depending on the amount of capital investment and impact of job creation. These incentives are considered and awarded on a case-by-case basis.

Dothan-Houston County Microloan Program

The program will provide direct and gap financing to businesses and individuals that are sound and growing but cannot obtain adequate financing to carry out a new or expanding project. Loans are available from $4,000 to $20,000, or up to a maximum of 90% of the project cost. The microloan fund is made possible through partnerships with the Southeast Alabama Regional Planning and Development Commission, area banks, city of Dothan, Houston County Commission and Dothan Area Chamber of Commerce.

USDA Rural Utility Service Zero Interest Loans

Federal, low-interest loans made through Wiregrass Electric Cooperative for project feasibility studies, start-up costs, incubator projects and other reasonable expenses. Amount for loans ranges from $10,000 to $400,000. To qualify for the loan, a letter of credit is required from the borrowing company. Terms are up to 10 years and deferrals of payments are possible. Selection of recipients is based on job creation, unemployment rates and other factors.

Regional Revolving Loan Funds for Economic Development

Fixed rate financing, at below market rates, for business startups or expansions and economic or community development projects is available through the Southeast Alabama Regional Planning and Development Commission. Learn more at Southeast Alabama Regional Planning and Development Commission. Learn more about Pike County’s economic development incentive from the South Central Alabama Development Commission.

The Southeast Alabama Council for Economic Development is a consortium of counties actively working together to

Barbour County, AL | Bullock County, AL | Butler County, AL | Coffee County, AL | Covington County, AL | Crenshaw County, AL | Dale County, AL | Geneva County, AL | Henry County, AL | Houston County, AL | Pike County, AL

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