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

• Technology Commercialization Credit & Jobs Guidelines
• Technology Commercialization Application
• Sample Calculation of Benefits

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:

Susan Bigner
225.342.5651
bigner@la.gov