Tennessee Department of Economic & Community Development

Business Development Division

Bring Your Business to Tennessee

Tennessee Business Incentives

Tennessee is a profitable choice for the location of your new business or the expansion of an existing one.

Our competitive incentive package includes:

Tax Incentives

  • Corporate Excise Tax
  • Franchise Tax
  • Property Tax
  • Sales and Use Tax
  • Other Tax Credits

TN Services to Industry

  • Current list of available manufacturing, warehouse and distribution facilities in Tennessee
  • Complete itinerary arrangement *
  • Datasheets and wage surveys on cities and counties
  • Labor statistics
  • Statistical and demographic information
  • Tax information
  • Business support for small and minority-owned enterprises
  • Existing Industries Division
  • FastTrack Training Services
  • In-house research staff
  • Technical assistance in:
    • Energy
    • Environmental regulations
    • Exporting
    • Manufacturing Technology
    • Science and technology
    • Site locations and evaluations
    • Transportation
  • Tennessee Manufacturing Extension Partnership (TMEP): Assists manufacturing firms by providing engineers and scientists from NASA, the Oak Ridge National Laboratory and public and private universities and colleges to address problems and support industry through the application of tecnology.

Financial Programs:

    Locally Administered
  • Private Activity Bonds
  • Revolving Loan Funds
    State Administered
  • Appalacian Regional Commission Program
  • Community Development Block Grants
  • Small Business Energy Loan Program
  • Small and Minority Owned Telecommunications Business Assistance Program
  • FastTrack Infrastructure Program
  • FastTrack Training Services Program
  • Construction of Industrial Highways
    Federally Administered
  • Rural Business and Cooperative Development Loans
  • Small and Minority Owned Telecommunications Business Assistance Program
  • Small Business Administration Loan Guarantee Programs
  • Tennessee Valley Authority Economic Development Investment Funds