Location Management Services

Governmental Financial Incentives and Tax Credit Program

Description
BIO has partnered with Location Management Services (LMS), the leading provider of incentive negotiation and compliance management services, to assist member companies with the identification, negotiation and implementation of various governmental financial incentives and tax credits applicable to biotech companies. With a unique network of 37 offices nationwide and established and knowledgeable local field representatives with over 17 years average experience in the industry, LMS has realized more than $2 billion in incentives and completed over 700 projects for its clients. Using a proprietary database system, LMS will conduct an analysis of the available financial incentives and tax credits on a prospective or retroactive basis for each member company's facility or location and propose strategies for negotiating, collecting, monitoring and the ongoing documentation of the entire incentive process. There are no upfront fees for incentive analysis and negotiation. Fees are on a contingency basis over the life of the financial incentive actually collected.

Member Benefits:

Governmental financial incentive identification, negotiation and compliance management

No upfront fee for incentive analysis and negotiation; the service is provided on a contingency fee basis of 15% over the life of the governmental incentives actually collected

Incentive eligibility review as far back as seven years

Analysis of multiple facilities or locations of each member company

Examples of incentives that can be negotiated on the client's behalf are:

State Tax Credits

Employee Hiring Credits

Enterprise Zone Credits

Investment Tax Credits

Pollution Control Credits

Renewal Zone Credits

Training and Retraining Credits

Grants and Abatements

Full or Partial

Abatement of Taxes

Free or Reduced Cost land

Sales and Use Tax Exemptions

Sales Tax Sharing Agreements

Grants to Offset Building or Relocation Costs

Federal Empowerment Zone

Infrastructure Improvements

Tax Increment Financing

Community Development Block Grants

Industrial Development Bonds

Infrastructure and Economic Development Bank

Sewer and Water Improvements

Transportation Grants

Eligible Association Members
Many state/regional biotechnology associations have partnered with BIO to offer their members the benefits of the BIO BUSINESS SOLUTIONSsm program. Please check back for an updated list of participating associations.

More Information
For more information about the BIO program, contact John Schuetz of Location Management Services at (949) 472-1180 or by email at jschuetz@locationmgmt.com.

To learn more about Location Management Services, visit www.locationmgmt.com.

NEW PARTNERS

Nature Publishing Group (NPG): Offers members discounts on site licenses for Nature, Nature Biotechnology, Nature Cell Biology

Windhover Information: Provides discounts on Windhover's life science publications (IN VIVO, Start-Up, The RPM Report, and MedTech Insight) and its Strategic Transactions Deals Database.

Location Management Services: Uncovers unknown corporate revenue through governmental incentive and tax credit identification, negotiation and compliance management services. No upfront fee for the service.

State/regional biotech associations: The newest biotech associations to partner with BIO to offer their members the national BIO BUSINESS SOLUTIONSsm contracts are:
Kentucky
South Dakota
Wisconsin

NEW DEVELOPMENTS

Stay current on the latest biotech industry news through BIO's daily emailed news compilation service, BIO SmartBrief. It's Free!

38 biotech associations have partnered with BIO to offer their members the national BIO BUSINESS SOLUTIONSsm contracts. View the list.