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Home > Economic Development > Business Incentives

Business Incentives

Louisiana offers several incentive programs to businesses.

Industrial Tax Exemption
This is Louisiana's original incentive program for capital investments and is for manufacturers only. It may be used by manufacturers new to the state as well as new investments and miscellaneous capital additions to existing facilities in Louisiana.

Enterprise Zone Program
The Enterprise Zone (EZ) Program is an incentive program which creates Louisiana Income and Franchise tax credits to a business hiring a minimum number of net new employees (35 percent of of these new jobs must be filled from one of four targeted groups). 

Quality Jobs Program
This program provides a refundable tax credit as an incentive to encourage targeted businesses to locate in Louisiana, create quality jobs and promote economic development.

Restoration Tax Abatement Program
The Restoration Tax Abatement (RTA) Program is an economic development incentive created for use by municipalities and local governments to encourage the expansion, restoration, improvement, and development of existing commercial structures and owner-occupied residences in Downtown Development Districts, Economic Development Districts or Historic Districts.

Work force Development & Training Program
This program provides funding for customized work force training programs (with restrictions) in order to improve the competitiveness and productivity of Louisiana's work force and business community and to assist Louisiana businesses in promoting employment stability.

Click here to download/print the Louisiana incentives for business brochure developed by Cleco.

For general information, please call Cleco's economic development department at 1-866-488-9545.

Your Business :  Pay My Bill, About My Bill, My Electric Service, Saving Energy, Safety and Education



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Cleco Economic Development Success Stories

Union Tank Car Company (UTC)

After announcing a new location for rail car production, a Union Tank Car official believes Gov. Kathleen Blanco helped him convince top management Louisiana was the place to locate, and Cleco made the deal happen.

Click here for more details.