As the business capital of a state with no personal income tax, no sales tax and low professional business taxes, Manchester offers unique advantages that can translate directly to your bottom line. With its dynamic, educated workforce and superb quality of life, expanding or relocating your business to Manchester just makes sense. If additional incentives are what you need, we've got some tools that will make sense too. 

​Commercial Rehabilitation and Facade Improvement Program 

Funding is no longer available.
The Manchester Economic Development Office (MEDO) commercial rehabilitation and façade improvement program is intended to improve the exterior image and address building code violations in commercial buildings. The program objectives are to encourage job creation, private investment in commercial properties, and revitalize commercial properties of targeted neighborhoods and business districts. The program is funded through a Housing and Urban Development (HUD) Community Development Block Grant (CDBG). 

Queen City Loan Fund

Facilitated through the Manchester Development Corporation. The Queen City Loan Fund's (QCLF) purpose is to provide new and existing Manchester businesses access to capital for growth or expansion. QCLF also aims to support and contribute to Manchester’s revitalization through business development and job growth.QCLF loans are to provide gap financing in conjuction with a commercial lending source for new and existing businesses in Manchester. For more information, visit the Manchester Development Corporation website

Economic Revitalization Zone Tax Credits Program

Facilitated through the State of NH. Five census tracts in the City of Manchester have been designated as Economic Revitalization Zones (ERZ).  New and expanding businesses within these zones, which include the Downtown, Airport and other key commercial and industrial areas, are eligible to apply for tax credits against the New Hampshire Business Profits Tax and/or the Business Enterprise Tax. Certification under this program is granted by the State of New Hampshire Department of Resources and Economic Development and extends for a five tax year period. For more information visit New Hampshire Division of Economic Development Incentives.

Research and Development Tax Credit

Facilitated through the State of NH. Business and organizations that have made expenditures for qualified manufacturing research and development can take a credit against applicable state business taxes.

New Markets Tax Credits

Facilitated through the US Department of the Treasury. This New Markets Tax Credit (NMTC) Program permits taxpayers to receive a credit against Federal income taxes for making qualified equity investments in designated Community Development Entities (CDEs). 

Enterprise Energy Fund through CDFA

Facilitated through CDFA. The Enterprise Energy Fund is a low-interest loan and grant program available to businesses and nonprofit organizations to help finance energy improvements and renewable energy projects in their buildings.  The goals are reduction of energy costs and consumption and promotion of economic recovery and job creation.  For more information visit the CDFA website.

NH Job Training Fund

Facilitated through the State of NH. This program provides companies matching grants to train newly-hired employees to foster business growth and competitiveness. The program also allows for skills upgrade training of current workers who need retraining to ensure ongoing employment. The program is administered by the New Hampshire Workforce Opportunity Council. Visit for information and applications.