20 May 2019

Almost Everything You Need To Know About Incentives Here In Mesa

Good-to-Know Information right at your fingertips:
Mesa Incentives and Programs
State Incentives Programs 
Active Developments in Mesa
Looking for information on new developments?
Mesa is booming with opportunity.
Mesa, Arizona has buildings in all stages of the development process from planning to construction. Our new Active Development Map offers you the chance to take a look at the latest Mesa projects coming to a street near you. Each project overview includes the location, project acreage, and the planned use.
Take a tour today by clicking the map below.
Map image
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Mesa Incentives and Programs
Contact
Considering expanding or relocating your business? 
Give us a call. We can help.
Kim Lofgreen 
Marketing & Business Development Manager 
Office of Economic Development
480-644-3962
 
DOWNTOWN SMALL BUSINESS UTILITY RATE PROGRAM
This program offers a 25% reduction on electric and water bills for the first three years for qualifying businesses located in the Town Center and Central Business District area of Mesa. Businesses must apply for the program within their first year of operation.
 
PHX EAST VALLEY ANGEL INVESTOR INITIATIVE
The City of Mesa is working with a number of PHX East Valley partners to catalyze economic growth by raising awareness of the importance of angel investing and enhancing access to early-stage funding for area tech startups. We are seeking individuals interested in becoming PHX East Valley angel investors and generate return on investment while helping to grow businesses in our region. Fact Sheet [PDF].
 
BUSINESS EXPORT ASSISTANCE PROGRAM (BEAP)
The City of Mesa Business Export Assistance Program (BEAP) provides small to medium-sized businesses in Mesa information, training, marketing and sales support that will help companies to:
  • Begin, or increase, exporting products and/or services to international markets.
  • Increase sales capacity and generate additional tax revenue to the City.
  • Expand operations and increase the company's ability to create net new jobs and capital investment.
To assist companies' expansions internationally, the City of Mesa BEAP is designed to relieve some of the financial burden many small to medium-sized companies face in attending training seminars, trade shows, sales missions, or in finding partners abroad to help grow their business. 
The program reimburses qualified Mesa companies up to 50 percent of the pre-approved eligible fees.
The City of Mesa is now accepting applications for BEAP. 
Please contact Marc Valenzuela at Marc.Valenzuela@mesaaz.gov or 480-644-4896 for more information and to request an application.
LEARN MORE>
 
DEVELOPMENT PARTNERSHIP OPPORTUNITIES
The City of Mesa owns many acres of land with high-density zoning within 1/2 mile of the four Light Rail Transit stations in Downtown Mesa along Main Street.
These sites are ripe for transit-oriented development partnership opportunities.
Call or email to learn more.

MESA MILITARY REUSE ZONE
If a project is located in an MRZ, it may qualify for tax credits, a Transaction Privilege Tax (TPT) exemption or property reclassification, which could result in property tax savings of up to 72.2%. The Phoenix-Mesa Gateway Airport Area has been designated as an MRZ.
LEARN MORE >

MESA FOREIGN TRADE ZONE #211
Qualified businesses located in the Mesa Foreign Trade Zone or sub-zone may reduce or defer tariffs and duties, and are eligible for up to an 72.2% reduction in state real and personal property taxes.
LEARN MORE >
DOWNTOWN SPRINKLER COST ASSISTANCE PROGRAM
The Downtown Sprinkler Cost Assistance Program is designed to promote the greater utilization of vacant or underutilized space in Downtown Mesa by providing businesses with up to $20,000 for construction of a sprinkler system in such spaces.
LEARN MORE > 

SECTION 108 LOAN FUND
Section 108 Loan Guarantee may be utilized by a business, property owner or developer needing financing for development projects that primarily benefit low- and moderate-income individuals by creating jobs, and may also be used to help eliminate conditions of slum or blight, when deemed appropriate.
LEARN MORE >

PRIVATE ACTIVITY BONDS
Private Activity Bonds are securities issued by or on behalf of a local government to provide debt financing for projects used for the trade or business of a private user.
LEARN MORE >
 
GOVERNMENT PROPERTY LEASE EXCISE TAX (GPLET)
GPLET is a redevelopment tool used to initiate development by reducing a project's operating costs by replacing the real property tax with an excise tax.
LEARN MORE >

OPPORTUNITY ZONES
The Opportunity Zones program is a federal program designed to spur community investment by providing tax benefits to investors. The City of Mesa has 11 census tracts that have been designated Opportunity Zones by the U.S. Department of the Treasury.
LEARN MORE >
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State Incentives Programs
Contact
Considering expanding or relocating your business? 
Give us a call. We can help.

Aric Bopp Deputy Director -
Strategic Initiatives
Office of Economic Development
480-644-3562
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JOB TRAINING GRANTS
Job Training grants reimburse up to 75% of eligible training expenses for employers creating new jobs.
 
QUALITY JOBS TAX CREDIT
The Quality Jobs tax credit offers up to $9,000 of Arizona income or premium tax credits spread over a three-year period for each net new quality job.
 
QUALIFIED FACILITY PROGRAM
The Qualified Facility program offers a refundable income tax credit equal eligible companies making a Capital Investment to establish or expand a Qualified Facilities.
 
COMPUTER DATA CENTER PROGRAM
CDC provides Transaction Privilege Tax and Use Tax exemptions at the state, county and local levels, on qualifying purchases of CDC Equipment.
 
RESEARCH AND DEVELOPMENT TAX CREDIT
The R&D tax credit provides an Arizona income tax credit for increased research and development activities conducted in this state.
 
ANGEL INVESTMENT TAX CREDIT
The Angel Investment tax credit provides credits to investors who make capital investments in small businesses certified by the ACA. 
 
RENEWABLE ENERGY TAX CREDIT
Renewable Energy tax credit provides tax credits to companies in renewable energy industries who are expanding or locating in Arizona.  The program offers two benefits: up to a 10% refundable income tax credit and up to a 75% reduction on real and personal property taxes.
 
SALES TAX EXEMPTIONS FOR MANUFACTURING
The Sales Tax Exemption for Machinery and Equipment is a sales tax exemption for various machinery or equipment.
 
ADDITIONAL DEPRECIATION
Accelerates depreciation schedules for prospective acquisitions of commercial personal property.
 
COMMERCIAL/INDUSTRIAL SOLAR TAX CREDIT
Commercial/Industrial Solar Energy tax credit provides an Arizona income tax credit for the installation of solar energy devices in Arizona business facilities.
 
POLLUTION CONTROL CREDIT
The Pollution Control credit provides nonrefundable individual and corporate income tax credits for expenses incurred to purchase real or personal property that is used within the business to control or prevent pollution.
 
WORK OPPORTUNITY TAX CREDIT
The Work Opportunity tax credit is a federal tax credit provided to private-sector businesses from groups who have consistently faced significant barriers to employment. 
 
INNOVATION ACCELERATOR FUND
The Arizona Innovation Accelerator Fund is an $18.2 million loan participation program funded through the U.S. Department of Treasury’s State Small Business Credit Initiative (SSBCI) and managed by the Arizona Commerce Authority (ACA). The goal of this program is to stimulate financing of small businesses and manufacturers, while fostering business expansion and job creation in the state of Arizona.

AZ FAST GRANT
The AZ Fast Grant program is a highly competitive grant (up to $20,000) providing qualified Arizona-based, early stage technology companies with intensive training and technical assistance to commercialize their innovations, grow their business and create quality jobs.
 
AZ STEP GRANT
With funding from a grant from the U.S. Small Business Administration (SBA) and matching funds contributed by the Arizona Commerce Authority (ACA), the ACA runs Arizona’s State Trade and Export Promotion (STEP) program. The AZ STEP program will assist Arizona small businesses (defined as those with less than 500 employees) to enter export markets for the first time or to expand into new markets.
SBIR & STTR
The Small Business Innovation Research Grant (SBIR) and the Small Business Technology Transfer Grant (STTR) are competitive programs that encourages domestic small businesses to engage in research and development that has the potential for commercialization.
SBIR/STTR TRAINING
The Arizona Commerce Authority offers training and technical assistance enabling high-growth potential small technology firms to compete more effectively for federal SBIR/STTR Grants.
QUALIFIED ENERGY CONSERVATION BONDS (QECB)
QECBs are qualified tax credit bonds that were originally authorized by the Tax Extenders and Alternative Minimum Tax Relief Act of 2008.
OPPORTUNITY ZONES
The Opportunity Zones program is a federal program designed to spur community investment by providing tax benefits to investors. The City of Mesa has 11 census tracts that have been designated Opportunity Zones by the U.S. Department of the Treasury.