Incentives

Shreveport Wants You!

Louisiana offers powerful incentives to fuel growth — from R&D tax credits to high-impact job creation, industrial exemptions, and digital media development. Explore these programs and learn more by downloading the Louisiana Economic Development (LED) booklet below:

Download PDF

Research & Development Tax Credit

  • Encourages existing businesses with operating facilities in Louisiana to establish or continue research and development activities within the state.

  • Provides up to a 30% tax credit on qualified research expenditures in Louisiana (no cap and no minimum requirement).

Louisiana's High Impact Job Program

  • Offers qualifying companies up to five years of reimbursable grants for the creation of new jobs that pay above the parish (county) average wage, based on the parish where the project is located.
  • Companies can benefit from grants administered directly from Louisiana Economic Development, with higher wages yielding higher grants.
  • HIP is designed to benefit businesses of all sizes—qualifying companies creating at least one new job can apply. Sole proprietorships are ineligible.

Industrial Ad Valorem Tax Emption Program

  • Offers qualifying companies up to five years of reimbursable grants for the creation of new jobs that pay above the parish (county) average wage, based on the parish where the project is located.
  • Companies can benefit from grants administered directly from Louisiana Economic Development, with higher wages yielding higher grants.
  • HIP is designed to benefit businesses of all sizes—qualifying companies creating at least one new job can apply. Sole proprietorships are ineligible.

Digital Interactive media & Software Development Incentive

  • Provides a 25% tax credit on qualified payroll for in-state labor and 18% for qualified production expenditures.

  • No cap and no minimum requirement.

  • Tax credit can be applied to state income tax liability. State will refund any overages or applicants can opt for 85% of the value earned as a rebate any time during the year.

Louisiana’s Angel Investor Tax Credit (AITC)

  • Provides a 25% tax credit on investments by accredited investors who invest in businesses certified by Louisiana Economic Development as Louisiana Entrepreneurial Businesses (LEB).

  • Investors can invest $720,00 per business year and $1.44 million per business of the life of the program

  • Provides an enhanced tax credit on investments by accredited investors who invest in Louisiana Entrepreneurial Businesses located in qualified Opportunity zones or parishes with a population of less than 50,000.

For information regarding incentives and how to apply, contact us