New Markets Tax Credit Coalition

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FlyGuys Inc.

Investment

  • NMTC Amount: $2,000,000
  • Total Project Cost: $2,000,000

IMPACT

  • 14 FTE jobs
  • Jobs must exceed 1.2X the living wage in the region and offer quality benefits, which include, but not limited to medical insurance, paid time off, and wealth creation options.

Investor

Project Description

FlyGuys is a full service, project management and data collection company that connects a network of drone pilots to clients. This project provided the Company with funds for equipment purchase and working capital. FlyGuys provides industry diversification to an area highly dependent on the oil and gas industry.

MAP

Address: 120 Clinton Street, Lafayette, LA 70501

Census Tract: 22055000100

Site Visits

Senator Cassidy Praises Economic Development and Research in Lafayette

FlyGuys benefitted from a $2 million investment enabled by the New Markets Tax Credit, and Cassidy has co-sponsored bi-partisan legislation to make that tax credit permanent.
Feb-2022

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