Iowa Lakes Corridor Incentives

Incentives Directory

The Iowa Lakes Corridor region strongly supports existing and prospective business and industry. Our communities, counties, utilities and organizations work cooperatively to find ways to assist companies and provide incentives for their expansion and location in the region.

In addition to several state and federal programs, several local tools are also available in the Corridor region:

  • Revolving Loan Funds
  • Low-interest or Interest-free loans through Iowa Lakes Electric Cooperative or Corn Belt Power
  • Zero- to loan-interest loans, or forgiveable loans through the Spencer Area Jobs Trust for companies that create new jobs in Spencer
  • Tax Exemptions from Corridor communities as allowed by Iowa law over a five-year period
  • Tax-increment financing for projects locating within urban renewal districts in Corridor communities

The amount and terms of these loans depend upon the specifics of your project and are subject to the approval of the governing bodies of these organizations.

Contact the Iowa Lakes Corridor for more information on what incentives areĀ availble for your project!

Incentives
Registered Apprenticeship Program: More than 1,000 occupations are eligible for apprenticeship training grants. Iowa Workforce Development administers apprenticeship programs. Student Internship Program: Grants to small- and medium-sized companies in targeted industrie...
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The Iowa Economic Development Authority (IEDA) has various funding programs for Community Infrastructure.
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The Iowa Economic Development Authority (IEDA) has various funding and tax credit programs for community revitalization.
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Category: IEDA, Community, Property Development, Development

Destination Iowa is a $100 million investment to bolster the quality of life in Iowa’s communities and attract visitors and new residents to the state. The new effort will provid...
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Category: IEDA, Community

The Future Ready Iowa Employer Innovation Fund is a grant opportunity to carry out creative solutions that address local workforce issues. It encourages employers, community leaders, and others to lea...
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Category: Future Ready Iowa, Workforce

Empower Rural Iowa helps small communities access programs that support rural areas.
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Category: IEDA, Rural, Community, Community Development, Housing, Childcare, Workforce

The Iowa Economic Development Authority (IEDA) has various funding and tax credit programs for innovation. View the full list and more details here.
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Category: IEDA, Tax Incentives, Growth, Expansion

The Iowa Economic Development Authority (IEDA) has various funding and tax credit programs for innovation. View the full list and more details here.
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Category: Tax Incentives, IEDA, Innovation

Angel Investor Tax Credit: Encouraging venture capital investment in Iowa startups Employee Stock Ownership Plan (ESOP): Assistance in creating an ESOP feasibility study.
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Category: IEDA, Investors

There are grant opportunities across the state for various projects or organizations, which can be found and applied for at iowagrants.gov.
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Category: Grants

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The Iowa Economic Development Authority (IEDA) has various funding and tax credit programs for innovation. View the full list and more details here.  
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Category: IEDA, Workforce