Establishes the WV First Small Business Growth Act to support small businesses in West Virginia through capital investments and tax credits.
The WV First Small Business Growth Act creates a program to support small businesses in West Virginia by providing capital investments and tax credits. The Department of Commerce administers the program, which allows growth funds to invest in eligible businesses with fewer than 250 employees. These businesses must have their principal operations in West Virginia. Growth funds must reinvest capital from repaid or recovered investments in new qualified investments.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.