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To meet the unique and changing needs of our communities by providing quality workforce development and career resources that enhance economic growth.
http://www.ypic.com

The Greater Yuma Economic Development Corporation serves as a facilitator for businesses to utilize every resource available,with the growth and prosperity of the company in mind. A combination of Federal, State, and County incentives makes the business climate in Yuma superior to other cities around the country. 

Added benefits are available through the Foreign Trade Zone (FTZ). Designated areas include 80 acres adjacent to the airport, handled via the Yuma Airport Authority as well as other areas that have been designated as sub-zones of the FTZ.


State of Arizona Incentive Programs Including:

* AZ Job Training Program
* AZ Enterprise Zone Program
* Foreign Trade Zone designation in Yuma County

Click here for more information:
http://www.azcommerce.com/
BusAttraction/default.asp

Foreign Trade Zones Currently Yuma International is located in a Federal Trade Zone #219 as well as acres of adjacent land; subzones are also located in the city which are privileged to the same exemptions.

Benefits

• The area is treated as though legally outside of the U.S. Custom's territory.

• Relief from inverted tariffs

• Merchandise may be brought in duty-free for purposes such as storage, repacking, display, assembly or manufacturing.

• Imports may be landed and stored quickly without full customs formalities.

• In addition, Arizona is the only state that has enacted special legislation that makes: Businesses located in a zone, or sub-zone, eligible for an 80 percent reduction in state real and personal property taxes.


Meeting the unique and changing needs of our communities

APS Energy Efficiency Incentives. APS Business customer who upgrade or build their facilities with energy efficient equipment can apply to APS for incentives worth up to $300,000.
click here to read more ...

Accelerated Depreciation - 376k An accelerated depreciation schedule to encourage new capital investment.....

Angel Investment Program - 428k - Provides tax credits to investors who make capital investments in small business.....

APS Energy Efficiency - 368k Incentives worth up to $300,000 when energy efficient equipment is used.....

AZ Business Property Tax Relief - 356k A 5% reduction in business property tax assessment.....

AZ Job Training Program - 356k

City Incentives - 380k A possible combination of incentves that promotes economic development wihin the city

Enterprise Zone Tax Credits - 380k Programs designed to encourage private investment through tax credits and property tax reductions.....

Foreign Trade Zones - 360k Designated in key logistic areas to allow international trade with very few constraints.....

Pollution Control Tax Credit - 364k Administered by ADOR; provides a 10% income tax credit.....

Healthy Forest Enterprise Incentive - 368k The program provides incentives for certified businesses that are primarily engaged in harvesting, initial processing or transporting of qualifying forest products.

R&D Tax Credits - 360k Tax credits for qualified research and development that can total up to $500,000 plus 11% of the amount that exceeds projected expenses.....

SBIR & STTR Grants - 364k Research and development grants administered to small business for technological commercialization.....

YPIC Training Reimbursement - 352k Reimbursement of fees for recruiting and training new employees.....

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2005 Greater Yuma Economic Development Corporation

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