Taxes & Financing


Tennessee’s “tax effort” – how much it uses its capacity to tax compared with other states – is among the lowest in the nation. The state tax structure is highlighted by:


Fifty-eight Industrial Development Boards in Middle Tennessee offer low-interest financing for manufacturing projects. Priority is given to manufacturing projects and other types of economic activities that export more than half of their products or services outside of the state. Other financing opportunities include:

FastTrack Infrastructure Program

FastTrack Job Training Assistance Program

FastTrack Economic Development Fund

FastTrack eligibility and funding levels are determined by: