Louisiana companies of any size (not sole proprietorships) creating at least one new job paying well above the parish average wage can earn reimbursable grants of 18%-22% of new-job payroll (8% in distressed areas).
HIP offers qualifying companies of all sizes reimbursable grants for creating new jobs that pay above the parish average wage. Grants equal 18% of wages for new jobs paying at least 125% of the parish average wage and 22% for jobs paying at least 150%; in distressed areas, 8% for jobs paying at least 110% of the parish or regional average wage. Companies creating at least one qualifying new job can apply by emailing the application to LED, and a contract can start no earlier than the date LED receives the application and fees; the page lists no deadline.
Eligible companies creating at least one new job that meets program requirements can apply; sole proprietorships are ineligible.
New jobs must pay above the parish average wage thresholds.
Companies primarily engaged in ineligible sectors (including gaming, retail sales, professional sports teams, automotive rental and leasing, telemarketing/call centers and solar farms) cannot apply.
Certain sectors such as professional services may face additional limitations.
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