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Certified Capital Companies ("CAPCOs") are generally debt lending based programs that employ future state tax credits as a subsidy to these funds. CAPCOs have been operated in the District of Columbia and eight states, including: Alabama, Colorado, Florida, Louisiana, Missouri, New York, Texas, and Wisconsin. Generally, CAPCOs sponsor their specific programs in states through legislation with the claims of economic development, job creation and retention, and certain instances, investment in specific sectors (e.g. high tech).[1]
^"Economic Development Quarterly" (PDF). Archived from the original (PDF) on 2010-07-03. Retrieved 2012-09-23.
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