MNS 0.00% 4.2¢ magnis energy technologies ltd

Townsville meet IM3, page-12

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    Correct Cazz,

    Most of that package is performance-based, and a lot of milestones need to be achieved b4 any of that money can be accessed:

    To encourage this collaborative effort, Empire State Development has offered performance-based incentives totaling $7.5 million, including a $4 million Upstate Revitalization Initiative grant and $3.5 million in Excelsior Jobs Program tax credits. Additionally, Imperium3NY is expected to qualify for an estimated $5.75 million in New York Investment Tax Credits.
 
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