Dirigo Business Incentives Program – Capital Investment & Workforce Training Tax Credit (Manufacturing)
Maine's primary business incentive program effective January 1, 2025, replacing the expired PTDZ/ETIF; provides refundable tax credits for capital investment (5% in Cumberland/Sagadahoc/York counties; 10% elsewhere in Maine) and $2,000 per employee for qualified worker training; manufacturing is an explicitly named eligible sector; $2M annual cap per taxpayer; refundable up to $500K/year; 5-year certification; DECD now accepting applications.
About this program
Visit the program website for full details.
Eligibility
For-profit Maine manufacturers making new capital investments exceeding $50,000 in eligible business property placed in service in Maine, and/or businesses operating qualified employee training programs training 3 or more workers; manufacturing is one of the explicitly eligible sectors.
Requirements
- For-profit business primarily engaged in manufacturing or another eligible sector
- Must exceed $50,000 in eligible capital investment to claim annual credit
- Apply for DECD certification before making capital investments or beginning training