Breakthrough Technologies Institute - Fuel Cells 2000
Breakthrough Technologies Institute - Fuel Cells 2000
Breakthrough Technologies Institute - Fuel Cells 2000
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Contact:<br />
• Alternative energy research is under way at Michigan Tech University in the<br />
Houghton/Hancock Smart Zone.<br />
Michigan Economic Development Corporation<br />
300 N. Washington Square<br />
Lansing, MI 48913<br />
Phone: (888) 522-0103<br />
E-mail: http://genweb.michigan.org/help/email.jsp?InitialURL=<br />
Web: www.michigan.org/medc<br />
MEGA High-Tech Job Creation Tax Credit<br />
http://www.michigan.org/medc/common/book/topic.asp?BookId=1&BookName=Data+Bo<br />
ok&ChapName=Business+Incentives&ChapId=22&TopicId=64&TopicContent={66B467<br />
52-A375-427E-A25E-784A2A437767}&From=BI<br />
The Michigan Economic Growth Authority (MEGA) was created to promote high quality<br />
economic growth and job creation. Since their inception in 1995, MEGA tax credits have<br />
generated more than $11.5 billion in private investment and created nearly 120,000 jobs.<br />
Employers in high technology fields, whose company devotes at least 25% of operating<br />
expenses to research and development and who wishes to expand or locate in Michigan<br />
rather than another state, may be eligible for a high-tech job creation tax credit against<br />
the state business tax. Each credit may be awarded for up to 20 years and for up to<br />
100% of the tax related to the project. <strong>Fuel</strong> cell and hydrogen technology businesses<br />
are eligible for the credit.<br />
Contact:<br />
Michigan Economic Development Corporation<br />
300 N. Washington Square<br />
Lansing, MI 48913<br />
Phone: (888) 522-0103<br />
Web: www.michigan.org/medc<br />
8. STATE AND LOCALLY-SUPPORTED DEMONSTRATIONS<br />
POWER GENERATION<br />
Michigan Alternative and Renewable Energy Center at Grand Valley State<br />
University, Muskegon: Funding for the project, including the building and <strong>Fuel</strong>Cell<br />
Energy Direct <strong>Fuel</strong> Cell® 300A (MCFC) is provided by a $3 million grant from the<br />
Michigan Public Service Commission and bonding from the City of Muskegon. The fuel<br />
cell provides electricity, heating and cooling for research space, incubator facilities,<br />
conference center and classrooms.<br />
VEHICLES<br />
110