The Rural Jump-Start Program helps economically distressed communities attract new businesses and jobs. Counties, municipalities, and higher education institutions work together to apply for this program.
When a community is a designated rural jump-start zone, new businesses can receive incentive payments and tax relief including credits, exemptions, and refunds from:
- state income tax
- state sales and use tax
- county and municipal personal property taxes
Employees of new businesses receive a tax credit for 100% of state income taxes on their wages for work in the rural jump-start zone.
The Rural Jump-Start Program began in January 2016 and will accept applications through December 31, 2025.