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
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:
If an online information source is not working, check the Tracker inventory page for an updated link.