What is it? The MEGA program awards tax credits to promote economic growth and job creation. If your company is creating jobs, you may qualify for a tax credit under MEGA.

Who is eligible? Businesses in electronics, communications, medical science, and other high technology fields where at least 25% of operating expenses go to research and development are eligible. The MEGA program seeks to attract new, innovative, high-technology companies to Michigan.

Manufacturing, advanced manufacturing, homeland security, research and development, wholesale trade, and office operations companies may also be eligible for tax credits.

How much is available? For more information contact the Traverse Bay EDC.

What are the terms for agreement? Qualifying companies must be negotiate their credit with the Michigan Economic Development Corporation.

Click here for more information or contact the Traverse Bay EDC.