St. John’s Incentives

 

Tax Abatement

Projects involving a significant capital investment and number of new jobs may qualify for the St. John the Baptist Parish Payment in Lieu of Tax (PILOT) program. This program can enable a company to substantially reduce its tax burden during the critical early phases of operation. Companies are eligible to take advantage of the PILOT by entering into a lease-back arrangement with St. John the Baptist Parish. A PILOT is offered as an incentive to both new and expanding companies. It can apply to industrial real property, such as the land and building, as well as personal property, such as equipment.

PILOTs are considered on a case-by-case basis and are based on an analysis of job creation, capital investment and wage rates.


Revolving Loan Fund

SJBP offers short term, low interest financing to qualified businesses that will use the funds to create or retain jobs. The program is excellent for “gap” financing. For additional information, please visit http://www.scpdc.org/wp-content/uploads/One-Page-Flyer-sans-RCF-2014-Sticky.jpg or call 985-652-9569.


Free Business Counseling

In an effort to support business development in SJBP, monthly counseling sessions through the St. John Business Training Center located at 181 REGALA Park Road, Reserve, LA. These free, one-to-one and group training sessions are held on Monday, Wednesday and Friday from 10am-4pm and also by appointment. To schedule an appointment, call 985-479-1247 or email lsbdc.gnor@lsbdc.org.