Every year, federal and local governments allocate billions of dollars in the form of non-repayable grants and interest-free loans to support American businesses. The main objective is to facilitate growth and prosperity in the economy by encouraging investments and continuous innovation.
There are thousands of grant programs available, all with varying funding amounts, criteria, and timelines. Most grants are awarded on a first-come, first-serve basis— making it critical to align your planned projects with the most lucrative programs available. Unlike tax credit incentives, grants require you to apply for funding before you incur any costs, as you must pre-qualify to receive funds. Your planned investments will be reviewed. Once approved, funding is awarded.
To best determine the right grants for your planned initiatives, Ayming has simplified the landscape by mapping the programs into 5 key categories:
1. Business Growth
2. Capital Purchases
3. Research & Development
4. Hiring & Training
5. Green & Clean Technology
In the following webinar we’ll dive deeper into the categories listed above, as well as address the following:
Learning Objectives:
Ayming USA
Managing Director
tfolsom@aymingusa.com
Thomas Folsom is the Managing Director and Country Manager of Ayming USA. For over fifteen years, Mr. Folsom has managed and implemented hundreds of R&D Tax Credit studies, including state and federal audits, to offer clients an unrivaled knowledge in the application of R&D law.
From boutique consultancies to large accounting firms, Mr. Folsom has worked with and represented Fortune 500 companies and small-medium-sized businesses across various industries.
In addition to these duties, Thomas is licensed to practice law in several states and federal jurisdictions, including the United States Tax Court. He was a core member of the team that developed the strategy and won U.S. v. McFerrin and other central cases that would influence an update of code and regulation to expand qualifications for the credit that we still see today.
He joined Ayming USA in March of 2019 and leads a countrywide team of professionals based in Houston, Boston, Ohio, New York, and LA.
Prominent Litigation Matters and Events
Thomas has been a part of:
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