INCENTIVE ALERT - Key Rhode Island Incentive Program Extended, Now Accepting Applications

Sunset extended for critical Rebuild Rhode Island Program, providing gap financing through redeemable tax credits for up to 30% of project costs

INCENTIVE ALERT - Next Round of California’s Premier Incentive Program Opening Soon

Businesses will have a limited opportunity to pursue incentives under the California Competes Tax Credit Program

INCENTIVE ALERT - Massachusetts opens new incentive round for life science businesses

Massachusetts Life Sciences Center opens new Tax Incentive Program round for businesses with $40 million available. Deadline for applications is Feb. 19, 2025.

INCENTIVE ALERT - New Round of Incentives in Ontario

Businesses investing in eastern and southwestern Ontario can now apply for incentives under the popular EODF and SWODF programmes.

Hickey Institute releases new report on U.S. energy crisis and what businesses need to know to navigate

Hickey launches latest U.S. report on incentives

Hickey released their latest thought leadership report on incentives - Navigating a dynamic landscape for credits & incentives during a time of economic uncertainty.

Site Trends - Top 5 Economic Incentives Trends Globally

The Hickey Incentives Team identified the top 5 economic incentive trends around the world that businesses should be aware of as they navigate their location strategy

New MEGA incentive program now law in Iowa

Major Economic Growth and Attraction (MEGA) Program targets $1B FDI projects to invest in Hawkeye State with major tax credits and land acquisition opportunities.

Surprising many economists, American employers once again outpaced market expectations by adding 303,000 jobs in March. Further, the nation’s unemployment rate dropped back down to 3.8 percent, again defying outlooks. We’re tracking these latest updates, along with labor force participation rates, wage shifts, and inflationary concerns.

For more key insights into the latest U.S. Jobs Report release, dive into our March 2024 Jobs Report Analysis!

Now open for a limited time, four monetary incentive programs for Ontario businesses.

$15.8 million is the maximum for Ontario businesses.

By applying to just one of these incentive programs, Hickey & Associates will help you access three other incentive programs, so your total incentive value is much larger.

These incentive funds are for business expenses, like machinery, equipment, software, facility expansions, and summer student employee wages.

What an exciting year we had in 2023! We were honored to partner with our clients around the world as they navigated their strategic growth and investments. In total, we supported the creation of over 9,200 jobs and capital investment in excess of USD $9.5 billion across a diverse array of critical sectors. The list of projects also represented foreign direct investment from and into over 19 countries!

Through the Michael P Hickey Foundation, we built on our commitment to provide opportunities to those who dedicate themselves to serving and building our communities through economic development scholarships. Meanwhile, our global team expanded the library of thought leadership through the Hickey Institute releasing a number of reports and analytics on critical industry trends driving location strategy, site selection, incentives, talent, and supply chain, among others.

We’re excited and optimistic for 2024 as the year is already off to a fast start! Thank you to all of our friends, clients, partners, teammates, community leaders, and all that help move the industry forward!

Once again, the American economy exceeded expectations in the jobs markets by adding 275,000 new workers to the nation’s payrolls in February.  However, there are mixed signs in the latest data which may show cooling in the labor market as unemployment increased to 3.9 percent and wage growth slowed. 

For more key insights into the latest U.S. Jobs Report release, dive into our February 2024 Jobs Report Analysis!

Hickey & Associates Canada can help you access up to $5 million in incentives for business expansions into Canada at US border cities like Thunder Bay, Sault Ste. Marie, and Kenora, all in Northern Ontario, Canada.

Hickey & Associates Canada can determine your eligibility and help you access these incentives, in addition to other incentive opportunities.

In today's rapidly evolving labor landscape, remote work has become a dominant trend. Canada, with its diverse talent pool, offers a vast choice of cities that are ideal for finding remote talent. The country's thriving tech ecosystem, quality of life, and favorable immigration policies make it an attractive destination for remote workers and businesses seeking remote talent.

This article explores cities across Canada and other demographic hubs to find the best places in Canada for remote talent!

The race is on: EU envisions their Chips Act to be a strategic move and aims to address the disruptions in supply chains and build a robust semiconductor ecosystem. it strives to achieve technological sovereignty by focusing on research, innovation, and workforce development laying the foundation for a self-reliant semiconductor ecosystem.

Contact Hickey and Associates for more EU Chips Act information and learn how your business can benefit!

Stating out the new year with a bang, The U.S. economy vastly outdid market expectations by adding 353,000 new jobs in the first month of 2024 which defied all expectations. Meanwhile, the nation’s unemployment rate remained at 3.7 percent for the third consecutive month. This now marks the 24th straight month being below the 4 percent threshold, a stretch not seen since 1967.

For more key insights into the latest U.S. Jobs Report release, dive into our January 2024 Jobs Report Analysis!

New Texas Jobs, Energy, Technology, and Innovation (JETI) Tax Program now accepting applications - new incentive program allows for tax abatements and other incentives for large-scale business developments, expansions, and relocations.

As we close out 2023, we are closely tracking the latest Jobs Report, along with labor force participation rates, wage shifts, and inflationary concerns.

Dive into our latest Jobs Report Analysis to understand labor statistics, job growth, and the roles of healthcare, government, and manufacturing sectors in shaping the economy of the United States.