Subsidy Tracker Individual Entry

Company: 
Microsoft
Parent Company: 
Microsoft
Subsidy Source: 
multiple
Location: 
Iowa
City: 
West Des Moines
Project Description: 

data center

Year: 
2010
Major Industry of Parent: 
information technology
Specific Industry of Parent: 
software
Subsidy Value: 
$65,317,242
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
69
Capital Investment: 
$1,000,000,000
Source of Data: 

Details of the megadeal are taken from" Money Lost to The Cloud", a report by Good Jobs First. October 2016; online at http://www.goodjobsfirst.org/datacenters

Notes: 

The subsidy package for a data center and its expansion came from state and local governments and included state sales tax exemption of $36.6 million and High Quality Jobs Tax Credit program of $21 million. The city also committed $8 million to improve infrastructure around the project. Overlap with main Subsidy Tracker data: none.

Source Notes: 
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