INCENTIVES & ASSISTANCE

Can be significant in Franklin County.

Enterprise Zone

Up to a 10% investment tax credit, rebate of 5% state sales tax paid on construction costs, property tax abatements workforce training and R&D tax credits of up to 6.5%
TIF Returning a portion of the property tax on any added value back to the project.
USDA Low interest loans available through Franklin REC and CornBelt Power
Revolving Loan Funds

Franklin County, Franklin REC & CornBelt Power USDA Loans & Revolving Loans

Venture Capital

North Iowa Venture Capital Group provides venture capital financing to projects creating jobs

Iowa Loan Guarateee Provides lenders with additional security.
CEBA Financial assistance to companies that create or retain jobs and make new capital investment
RISE Revitalization of Iowa's Sound Economy (RISE) Program
Local tax abatements Our local communities provide a variety of tax abatement schedules
   
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