Transportation Network Growth Opportunity (TNGO) Initiative is sponsored by Tennessee Department of Economic and Community Development (TNECD). TNGO provides funding to collaborative teams for mobility research and development projects, aiming to diversify Tennessee's economy by attracting automotive and mobility R&D investments.

Incentives & Grants - Tennessee Department of Economic and Community Development Location & Infrastructure Electric Vehicle Manufacturing Healthcare & Life Sciences Assistant Commissioner, Business and Workforce Development Tennessee Department of Economic and Community Development 312 Rosa L. Parks Ave.

, Nashville, TN 37243 I'm a business leader or site selector I'm a Tennessee-based business leader If you are human, leave this field blank. /assets/images/learnMore. svg" alt="learn more arrow"> Experience incentives designed specifically with your business in mind.

Lower operating costs reduce capital outlay and minimize risk: we know what it takes to earn your business. In Tennessee, we're fostering economic growth with flexible incentives and grants geared toward your investment. If there is one thing we’ve learned over the years, we’re in business because you’re in business.

Long-term growth meets increased profitability with competitive grants for workforce training, public infrastructure and economic development. Our commitment doesn’t stop there. We offer incentives to help make your decision an easy one.

FastTrack Infrastructure Program Grants made to local governing bodies for public infrastructure improvements must be for specific infrastructure projects benefiting one or more companies committed to creating new jobs and/or making new capital investments Covers infrastructure such as rail, public roadway, port, airport, site, water, sewer, gas and telecommunication improvements Requires local matching funds based on a community’s ability to pay Requires a Payment In Lieu Of Tax (PILOT) for at least 5 years on real property FastTrack Job Training Assistance Program Grant assisting new or expanding companies with funding to support the training of net new full-time employees FastTrack Economic Development Fund Has the ability to offset costs companies incur when expanding or locating a business operation in Tennessee with reimbursable grants made to local governing bodies Can offset the costs in a variety of ways, including retrofitting building, acquiring real property, relocation of equipment, and other expenditures not otherwise eligible under the FastTrack Infrastructure Program or Job Training Assistance Program Only used in exceptional cases where the impact of the company on a given community is significant FastTrack eligibility and funding levels are determined by: Number of new full-time jobs Weighted average wages of new full-time jobs Amount of company investment Types of skills and knowledge that must be obtained At-Risk County: 35% premium to projects that locate in a county defined by the Appalachian Regional Commission as “at-risk” Distressed County: 50% premium to projects that locate in a county defined by the Appalachian Regional Commission as “distressed” In order to receive either premium, the project must provide an average starting wage that meets or exceeds the median county wage.

TNECD reserves the discretion to approve or deny the premium based on the facts and circumstances of the project. Incentive Opportunities Across Tennessee At-Risk & Distressed Counties Washington County Industrial Park Parcel 31 – Pad Ready Site Location: Washington County Washington County Industrial Park – Parcel 112.

05 – Pad Ready Site Location: Washington County Walker East Industrial Site Location: Lauderdale County Tullahoma Airport Business Park Timberlake Industrial Park Location: Henderson County Technology Park II at Holston Army Ammunition Plant Team Lawrence Commerce Park – West Location: Lawrence County Team Lawrence Commerce Park – East Location: Lawrence County Stewart-Houston Industrial Park State Road 111 Industrial Park Shipps Bend Industrial Site Runway Centre Industrial Park Size: 165 - Site has been expanded since filming of video PowerCom Industrial Center Location: Trousdale County Pellissippi Corporate Center Lots 11 and 12 Location: Sullivan County Northwest Tennessee Regional Industrial Center North Etowah Industrial Park Mountain View Industrial Park Middle Tennessee I-24 Industrial Site Memphis Regional Megasite Location: Haywood and Fayette County McKenzie Airport Industrial Park Manchester Industrial Park Macon-Lafayette Industrial Park Lawrenceburg Industrial Park Location: Lawrence County Lake County Industrial Site at Cates Landing Interchange Business Park Location: Cumberland County I-40 Advantage Industrial Park Site Huntingdon Industrial Park South Horizon Center, Development Area 6 Hardin Industrial Complex – Phase II Location: Lauderdale County Gibson County Industrial Park – North Site Gibson County Industrial Park – South Site Gallatin Industrial Center, Phase II Fayetteville – Lincoln County Industrial Park – Lot 4 EDGE Property at Presidents Island Eastbridge Business Park – Lots 4, 5 & 6 East Tennessee Progress Center – Lot 3 East Tennessee Progress Center – Lot 12 Dan Speer Industrial Park South, Lot 5 Crockett County Industrial – Friendship/Bivens Site Location: Crockett County Commerce Park Interstate Site Columbia Tennessee Rail Site Coffee County Joint Industrial Park Clinton – I-75 Industrial Park Lot 2R Location: Anderson County Cherry Glen Industrial Park Location: Sullivan County Location: Hardeman County Benton County Industrial Park – Bridges Site #1 Location: Lauderdale County Airport Industrial Park – Site B Airport Industrial Park – Site A Aerotropolis Logistics Park Site Location: Sullivan County Adamsville/McNairy North Industrial Park 75 Regional Commerce Park Wolf River (Rossville) Airport Winchester Municipal Airport William L.

Whitehurst Field (Bolivar) Airport Warren County Memorial Airport Upper Cumberland Regional (Sparta) Airport Tullahoma Regional/William Northern Field Airport 807 William Northern Blvd Sumner County Regional Airport Springfield-Robertson County Airport Smithville Municipal Airport Scott Municipal (Oneida) Airport Savannah-Hardin County Airport Rockwood Municipal Airport Robert Sibley (Selmer) Airport Reelfoot (Tiptonville) Airport Puckett Gliderport Airport Portland Municipal Airport Outlaw Field (Clarksville) Airport New Tazewell Municipal Airport Murfreesboro Municipal Airport Moore-Murrell Field (Morristown) Airport Millington Regional Jetport Airport McKellar-Sipes Regional (Jackson) Airport Martin Campbell Field (Copperhill) Airport Mark Anton (Dayton) Airport Livingston Municipal Airport Lebanon Municipal Airport Lawrenceburg-Lawrence County Airport LaFayette Municipal Airport John C Tune (Nashville) Airport John A.

Baker (Hohenwald) Airport Jamestown Municipal Airport Humboldt Municipal Airport Hassell Field (Clifton) Airport Greeneville-Greene County Municipal Airport General Dewitt Spain (Memphis) Airport Gatlinburg-Pigeon Forge Airport Fayetteville Municipal Airport Everett Stewart (Union City) Airport Ellington (Lewisburg) Airport Elizabethton Municipal Airport Dyersburg Municipal Airport Downtown Island (Knoxville) Airport Dickson Municipal Airport Dallas Bay Skypark (Chattanooga) Airport Crossville Memorial – Whitson Field Airport Covington Municipal Airport Collegedale Municipal Airport Cleveland Regional Jetport Airport Chilhowee-Gliderport Airport Charles W.

Baker Field (Millington) Airport Centerville Municipal Airport Bomar Field-Shelbyville Municipal Airport Beech River Regional (Lexington/Parsons) Airport Arnold Field (Halls) Airport Abernathy Field (Pulaski) Airport Tri-Cities Regional Airport Nashville International Airport Memphis International Airport 3606 West End Ave, Nashville, Tennessee 37205-0117 Watkins College of Art Design & Film Student Population: 12,587 University of Tennessee Health Science Center Student Population: 21,301 Student Population: 3,466 Student Population: 1,796 Trevecca Nazarene University Student Population: 3,221 The University of Tennessee-Martin Student Population: 6,705 The University of Tennessee-Knoxville Student Population: 28,052 The University of Tennessee-Chattanooga Chattanooga, TN 37403-2598 Student Population: 11,533 Tennessee Wesleyan College Student Population: 1,037 Tennessee Technological University Cookeville, TN 38505-0001 Student Population: 10,493 Tennessee State University 3500 John A.

Merritt Blvd Student Population: 8,760 Southern College of Optometry Southern Adventist University Collegedale, TN 37315-0370 Student Population: 2,959 Sewanee-The University of the South Student Population: 1,815 Student Population: 2,029 Student Population: 1,195 Middle Tennessee State University Student Population: 22,050 Middle Tennessee School of Anesthesia Inc 502 E Lamar Alexander Pky Student Population: 1,196 Student Population: 1,017 One University Park Drive Student Population: 4,632 Lincoln Memorial University Student Population: 4,254 Student Population: 5,302 Student Population: 1,427 Student Population: 2,804 Student Population: 1,140 225 Hiwassee College Drive Madisonville, TN 37354-4001 Freed-Hardeman University Student Population: 1,906 East Tennessee State University Student Population: 14,022 Student Population: 1,963 Christian Brothers University Student Population: 2,138 Student Population: 2,659 Student Population: 1,481 Student Population: 5,975 Student Population: 7,723 Baptist Memorial College of Health Sciences Student Population: 1,076 Austin Peay State University Student Population: 10,344 Walters State Community College 500 South Davy Crockett Parkway Morristown, TN 37813-6899 Student Population: 5,951 Volunteer State Community College Student Population: 8,684 Tennessee College of Applied Technology-Shelbyville Student Population: 1,007 Tennessee College of Applied Technology-Ripley Tennessee College of Applied Technology-Pulaski Student Population: 1,492 Tennessee College of Applied Technology-Paris Tennessee College of Applied Technology-Oneida-Huntsville Huntsville, TN 37756-4149 Tennessee College of Applied Technology-Newbern Tennessee College of Applied Technology-Nashville Student Population: 1,486 Tennessee College of Applied Technology-Murfreesboro Murfreesboro, TN 37129-3311 Student Population: 6,022 Tennessee College of Applied Technology-Morristown Morristown, TN 37813-2094 Student Population: 1,068 Tennessee College of Applied Technology-Memphis Student Population: 1,652 Tennessee College of Applied Technology-McMinnville Tennessee College of Applied Technology-McKenzie Tennessee College of Applied Technology-Livingston Student Population: 2,167 Tennessee College of Applied Technology-Knoxville Student Population: 1,914 Tennessee College of Applied Technology-Jackson 2468 Technology Center Drive Student Population: 1,486 Tennessee College of Applied Technology-Jacksboro Tennessee College of Applied Technology-Hohenwald Tennessee College of Applied Technology-Hartsville Hartsville, TN 37074-2028 Student Population: 1,023 Tennessee College of Applied Technology-Harriman Tennessee College of Applied Technology-Elizabethton Tennessee College of Applied Technology-Dickson Student Population: 1,006 Tennessee College of Applied Technology-Crump Tennessee College of Applied Technology-Crossville Tennessee College of Applied Technology-Covington Tennessee College of Applied Technology-Chattanooga Chattanooga, TN 37406-1097 Student Population: 2,096 Tennessee College of Applied Technology-Athens Southwest Tennessee Community College Student Population: 8,327 Roane State Community College Student Population: 5,756 Pellissippi State Community College Student Population: 10,244 Northeast State Community College Blountville, TN 37617-0246 Student Population: 6,124 Nashville State Community College Student Population: 8,914 Motlow State Community College Student Population: 5,838 Jackson State Community College Student Population: 4,689 Dyersburg State Community College Student Population: 2,816 Columbia State Community College Student Population: 5,645 Cleveland State Community College Student Population: 3,315 Chattanooga State Community College/Tennessee College of Applied Technology Student Population: 10,724 Chattanooga State Community College Click on icons for more information Distressed & At-Risk Counties Education Attainment (Bachelor’s degree or higher) Education Attainment (High school degree or higher) Personal Income Per Capita Film, Music & Entertainment Healthcare & Medical Devices Choose a data set with the selector above, to apply a heatmap to the map tool.

Personal Income per Capita: Personal Income per Capita: $53,752 County Median Wage: $19. 80 Personal Income per Capita: $65,448 County Median Wage: $22. 62 Personal Income per Capita: $63,846 County Median Wage: $17.

76 Personal Income per Capita: $58,345 County Median Wage: $21. 56 Personal Income per Capita: $54,582 County Median Wage: $19. 29 Personal Income per Capita: $53,927 County Median Wage: $19.

16 Personal Income per Capita: $55,854 County Median Wage: $21. 35 Personal Income per Capita: $58,880 County Median Wage: $21. 30 Personal Income per Capita: $72,840 County Median Wage: $21.

83 Personal Income per Capita: $69,042 County Median Wage: $21. 85 Personal Income per Capita: $99,647 County Median Wage: $25. 35 Personal Income per Capita: $52,951 County Median Wage: $19.

46 Personal Income per Capita: $52,401 County Median Wage: $20. 14 Personal Income per Capita: $47,241 County Median Wage: $19. 33 Personal Income per Capita: $45,901 County Median Wage: $17.

64 Personal Income per Capita: $45,463 County Median Wage: $18. 76 Personal Income per Capita: $43,237 County Median Wage: $18. 34 Personal Income per Capita: $31,572 County Median Wage: $20.

59 Personal Income per Capita: $48,861 County Median Wage: $19. 45 Personal Income per Capita: $53,742 County Median Wage: $23. 09 Personal Income per Capita: $50,032 County Median Wage: $19.

75 Personal Income per Capita: $46,925 County Median Wage: $19. 58 Personal Income per Capita: $59,997 County Median Wage: $22. 61 Personal Income per Capita: $42,713 County Median Wage: $20.

38 Personal Income per Capita: $44,887 County Median Wage: $19. 95 Personal Income per Capita: $38,952 County Median Wage: $20. 20 Personal Income per Capita: $42,169 County Median Wage: $18.

67 Personal Income per Capita: $55,814 County Median Wage: $20. 09 Personal Income per Capita: $38,884 County Median Wage: $20. 14 Personal Income per Capita: $45,805 County Median Wage: $19.

75 Personal Income per Capita: $35,020 County Median Wage: $18. 25 Personal Income per Capita: $42,777 County Median Wage: $19. 05 Personal Income per Capita: $60,899 County Median Wage: $21.

81 Personal Income per Capita: $47,421 County Median Wage: $17. 28 Personal Income per Capita: $48,749 County Median Wage: $18. 19 Personal Income per Capita: $48,728 County Median Wage: $19.

59 Personal Income per Capita: $43,154 County Median Wage: $21. 39 Personal Income per Capita: $41,306 County Median Wage: $19. 72 Personal Income per Capita: $43,374 County Median Wage: $19.

00 Personal Income per Capita: $43,934 County Median Wage: $20. 35 Personal Income per Capita: $45,355 County Median Wage: $19. 39 Personal Income per Capita: $42,410 County Median Wage: $20.

47 Personal Income per Capita: $46,675 County Median Wage: $19. 85 Personal Income per Capita: $51,055 County Median Wage: $20. 50 Personal Income per Capita: $48,059 County Median Wage: $19.

56 Personal Income per Capita: $38,520 County Median Wage: $20. 47 Personal Income per Capita: $56,431 County Median Wage: $24. 91 Personal Income per Capita: $46,836 County Median Wage: $19.

89 Personal Income per Capita: $45,273 County Median Wage: $18. 22 Personal Income per Capita: $64,605 County Median Wage: $22. 45 Personal Income per Capita: $41,001 County Median Wage: $17.

88 Personal Income per Capita: $42,471 County Median Wage: $19. 86 Personal Income per Capita: $51,584 County Median Wage: $21. 32 Personal Income per Capita: $53,958 County Median Wage: $19.

73 Personal Income per Capita: $52,917 County Median Wage: $19. 18 Personal Income per Capita: $47,359 County Median Wage: $19. 62 Personal Income per Capita: $60,128 County Median Wage: $20.

72 Personal Income per Capita: $45,523 County Median Wage: $19. 33 Personal Income per Capita: $53,117 County Median Wage: $21. 81 Personal Income per Capita: $48,495 County Median Wage: $19.

69 Personal Income per Capita: $53,240 County Median Wage: $20. 44 Personal Income per Capita: $48,574 County Median Wage: $19. 34 Personal Income per Capita: $43,881 County Median Wage: $20.

65 Personal Income per Capita: $54,587 County Median Wage: $20. 90 Personal Income per Capita: $44,960 County Median Wage: $19. 21 Personal Income per Capita: $51,129 County Median Wage: $18.

99 Personal Income per Capita: $47,859 County Median Wage: $19. 41 Personal Income per Capita: $45,397 County Median Wage: $18. 42 Personal Income per Capita: $58,128 County Median Wage: $20.

56 Personal Income per Capita: $50,125 County Median Wage: $19. 66 Personal Income per Capita: $63,260 County Median Wage: $20. 81 Personal Income per Capita: $54,347 County Median Wage: $20.

43 Personal Income per Capita: $48,075 County Median Wage: $21. 72 Personal Income per Capita: $52,483 County Median Wage: $18. 68 Personal Income per Capita: $52,194 County Median Wage: $19.

21 Personal Income per Capita: $47,677 County Median Wage: $18. 82 Personal Income per Capita: $57,360 County Median Wage: $19. 29 Personal Income per Capita: $73,326 County Median Wage: $21.

21 Personal Income per Capita: $83,543 County Median Wage: $20. 44 Personal Income per Capita: $72,229 County Median Wage: $20. 77 Personal Income per Capita: $139,704 County Median Wage: $25.

83 Personal Income per Capita: $60,449 County Median Wage: $20. 08 Personal Income per Capita: $48,697 County Median Wage: $19. 88 Personal Income per Capita: $50,868 County Median Wage: $20.

15 Personal Income per Capita: $59,620 County Median Wage: $20. 74 Personal Income per Capita: $42,941 County Median Wage: $23. 19 Personal Income per Capita: $53,153 County Median Wage: $21.

16 Personal Income per Capita: $46,015 County Median Wage: $18. 50 Personal Income per Capita: $48,197 County Median Wage: $19. 63 Personal Income per Capita: $56,519 County Median Wage: $20.

06 Personal Income per Capita: $73,616 County Median Wage: $19. 67 Personal Income per Capita: $52,916 County Median Wage: $19. 61 Personal Income per Capita: $53,889 County Median Wage: $20.

87 Personal Income per Capita: $51,358 County Median Wage: $19. 92 Personal Income per Capita: $57,057 County Median Wage: $20. 42 Competitive tax incentives make Tennessee a smart choice for doing business.

We have one of the country’s lowest per capita tax burdens, no income tax, and no state property tax. Tax credits include those based on the number of jobs created, amount invested, type of business and location. We also have credits for qualified industrial machinery purchases and a series of sales and use tax exemptions.

Credit of $4,500 per job to offset up to 50% of franchise and excise (F&E) taxes in any given year with a carry forward for up to 15 years. Create at least 25 net new full-time positions within a 36 month period and invest at least $500,000 in a qualified business enterprise. Community Resurgence: Credit of $2,500 per each position.

Create 10 net new full-time jobs each paying the state’s average occupational wage and also be located in a census tract where poverty rate exceeds 30%. Enhanced Job Tax Credit Allows an additional annual credit for locations/expansions in designated Tier 2, Tier 3, and Tier 4 Enhancement Counties. Enhanced JTC can offset up to 100% of F&E liability.

Tier 2: 3 year annual credit at $4,500 per job with no carry forward. Create at least 25 net new full-time positions within a 36 month period and invest at least $500,000 in a qualified business enterprise. Tier 3: 5 year annual credit at $4,500 per job with no carry forward.

Create at least 20 net new full-time positions within 60 month period and invest at least $500,000 in a qualified business enterprise Tier 4: 5 year annual credit at $4,500 per job with no carry forward. Create at least 10 net new full-time positions within 60 month period and invest at least $500,000 in a qualified business enterprise.

Industrial Machinery Tax Credit Credit of 1% to 10% for the purchase, third party installation and repair of qualified industrial machinery. Manufacturing: includes purchases for machinery; apparatus and equipment with parts; appurtenances and accessories; repair parts and labor. Warehousing and distribution: includes material handling equipment and racking systems with a minimum $10M capital investment within 36 months.

Headquarters, call centers: includes computer; network; software or peripheral computer devices, purchased in making required capital investment for job tax credit. Sales and Use Tax Exemptions Manufacturing: sales tax exemption for industrial machinery and reduced sales tax rate for utilities at qualified manufacturing facilities.

Exemptions include industrial machinery, repair parts and industrial supplies used in the manufacturing process. Reductions include: 0-1. 5% tax on water depending on use and 0-1.

5% on gas, electricity and various energy sources depending on use. Headquarters: State sales tax credit for qualified personal property purchased for a qualified headquarters facility. HQs receive a sales tax credit for 6.

5% for qualified personal property directly related to the new full-time job creation. Warehouse/Distribution: Sales tax exemption for material handling and racking systems purchased for a qualified warehouse or distribution center. Investment of $10M or more, including the purchase of new equipment, made during a 3 year period.

Call Centers: Tax exemption on any sales of interstate telecommunication and international telecommunication services sold to a business for use in the operation of one or more qualified call centers. Must have at least 250 jobs engaged primarily in call center activities. Data Centers: Sales tax exemption for certain hardware and software purchased for a qualified data center.

Minimum capital investment of $100M and 15 new full-time positions paying at least 150% of the state’s avg. occupational wage; investment must be made during a 3 yr. period.

Research and Development: Sales tax exemption on certain equipment used in research and development. Equipment must be used necessary to and primarily for research and development purposes. For more information regarding incentives in Tennessee, please download the Incentives Fact Sheet.

Download Incentives Fact Sheet