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Funder · State agency

Louisiana Economic Development

Funds Louisiana growth through business attraction, job retention, investment incentives, and workforce training.

United Stateswww.opportunitylouisiana.gov
Key stats
Annual funding—
Programs8
Active grants5
Total grants6
About

Louisiana Economic Development (LED) is the state's cabinet-level economic development agency, headed by a Secretary appointed by the Governor. LED funds business attraction, retention, and expansion in Louisiana through a portfolio of payroll grants, tax credits, property tax abatements, and in-kind workforce training.

Following Governor Landry's 2024–2025 tax reform, LED's incentive portfolio was substantially restructured: the Quality Jobs rebate and Enterprise Zone credit both sunset June 30, 2025, replaced by the new High-Impact Jobs Program (Act 372 of 2025). Tax credits for digital media, motion picture production, R&D, and angel investment were preserved, albeit with tighter caps and updated rules.

Programs & grants under this funder
Digital Interactive Media and Software (DIMS) Tax Credit

Administers payroll production tax credit for Louisiana digital media and software developers.

1 grant
Digital Interactive Media and Software (DIMS) Tax Credit
Open
— pool·Rolling submission
LED FastStart

Offers Free customized recruitment and workforce training for qualifying Louisiana expansions.

1 grant
LED FastStart
Open
— pool·Rolling submission
High-Impact Jobs Program (HIP)

Provides Reimbursable wage grant for Louisiana companies creating above-average-pay jobs.

1 grant
High-Impact Jobs Program
Open
— pool·Rolling submission
Industrial Tax Exemption Program (ITEP)

Funds property tax abatement for manufacturers on new Louisiana facility investment.

1 grant
Industrial Tax Exemption Program (ITEP)
Open
— pool·Rolling submission
Quality Jobs (QJ) Rebate

Offers Payroll rebate credits for Louisiana companies supporting long-term sustainable commercialization and growth.

Louisiana Research & Development Tax Credit

Supports innovation activity in Louisiana through a state tax-credit mechanism for qualified innovation spending and credit carryforwards.

1 grant
Louisiana R&D Tax Credit — FY Allocation
Open
$12M pool
Louisiana Economic Development SBIR/STTR Match

Funds Los Angeles innovation with expense reimbursement for prototyping and follow-on support for small ventures.

Louisiana R&D Tax Credit

Supports Louisiana innovation credits for frontier innovation across healthcare and logistics.

1 grant
Louisiana R&D Tax Credit
Paused
— pool
Last verified: 29 May 2026Source: www.opportunitylouisiana.gov