GRANTRADAR/Grant Programs/Enterprise Zones Tax Credit Program
Hawaii StateTax CreditStackable

Enterprise Zones Tax Credit Program

Administered by Department of Business, Economic Development and Tourism (DBEDT) · Hawaii

BENEFIT
80% credit
Deadline type: rolling

Eligibility Requirements

  • 1Business location must be in designated Enterprise Zone
  • 280% income tax credit first year, decreasing 10% annually for 7 years
  • 3GET exemption on eligible activities for up to 7 years
  • 4Must meet annual hiring or gross receipts requirements

Eligible Project Types

CommercialIndustrialSmall BusinessAgriculture
STACKING POTENTIAL

Enterprise Zones Tax Credit Program is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN
View the Enterprise Zones Tax Credit Program compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.