MAINE INCENTIVES SUMMARY
Pine Tree Development Zone
Reduces or eliminates various state taxes for up to ten years for job creation in certain targeted industries including biotechnology, aquaculture and marine technology, composite materials technology, environmental technology, advanced technologies for forestry and agriculture, manufacturing and precision manufacturing, information technology, and financial services.
Employment Tax Increment Financing (ETIF)
The ETIF offers up to 3.6 percent of new employee wages for up to ten years.
Notice: This list of economic development incentive programs is intended to provide a high-level overview of commonly pursued state discretionary programs. A comprehensive analysis of project details will determine the full scope of state and local incentive programs that may be available to support a specific project.