OAQDA Celebrates Small Business Week 2019!
Affected businesses may be, but not limited to those businesses which emit volatile organic compounds (VOCs), nitrogen oxides (NOx), or sulfur dioxides (SO2), use asphalt, rubber, metal finishers, plastics, or synthetic materials in the manufacturing or construction trades, or perform work involving the coating or painting of metal surfaces. Steel companies, automobile manufacturers, chemical and utility companies are all impacted by the requirement to control air emissions and would be eligible for OAQDA incentives.
What types of businesses or projects are eligible for Ohio Air Quality Development Authority (OAQDA) financing? The following is just a sample of the projects that qualify. Your business may be eligible if it:
•Ethanol or biofuel production
OAQDA can offer tax incentives to projects that improve a company’s energy efficiency. Energy efficiency projects vary greatly depending on the type of business, but can include anything from new lighting systems to variable speed motors to computer-controlled heating and cooling systems.
If you are unsure if your business qualifies, contact OAQDA, 614/224-3383.