Overview
The Technology Commercialization Credit and Jobs program
provides credit for companies that invest in the commercialization
of Louisiana technology and create new jobs.
Benefits
Qualifying individuals or businesses that invest in the
commercialization of Louisiana technology in Louisiana may be
granted a refundable tax credit on any income or corporation
franchise tax liability, and earn a refundable tax credit based on
new jobs created.
Qualifying research centers that develop Louisiana technology to
be commercialized may be granted a refundable tax credit based on
new jobs created.
Such credits are granted for a period of no less than five
years.
Review a sample calculation of benefits in the Related Content section to see how this incentive
could apply to your business.
Eligibility
The technology must be created by a Louisiana business and
researched by a Louisiana university or college.
For comprehensive rules and details on eligibility, please
review Related Content below and contact the
appropriate administrator.
How to Apply
Complete and submit the application form.
Related Content
Administration
This program is administered by Louisiana Economic Development
through the Board of Commerce and Industry.
For additional information regarding the Technology
Commercialization Credit and Jobs program, contact the program
administrator:
Shamelda Pete
225.342.5341
Shamelda.Pete@LA.GOV
