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What types of incentives are available?

incentives types
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What types of incentives are available?

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10

Most incentives are targeted to benefit businesses that are in the manufacturing sector. Included within this group are businesses that are manufacturing-related (such as R&D, engineering and prototyping) and those businesses that are primarily technology-based. Among the available incentives are tax exemptions, credits, grants and industry specific programs. The most commonly awarded incentives include tax abatements, Brownfield Tax Increment Financing, the Single Business Tax Credit, and the Michigan Economic Growth Authority program.

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