Incentives & Training Resources
Below is a brief listing of incentives; a more complete listing can be found here.
Key business incentives available at the state level include:
- Corporate tax credit (called the "Economic Development for a Growing Economy" or "EDGE" program in Illinois) - are designed to attract out of state companies to relocate within Illinois or Iowa, respectively. These provide tax credits based on the investment and number of jobs created.
- Job Training/Employer Training Investment Program - grants that will reimburse companies for up to 50% of the cost of training their employees.
- Enterprise Zones - provides additional state and local tax incentives, regulatory relief, and improved governmental services for areas throughout the state earmarked as an Enterprise Zone. These may take the form of property tax exemptions, funding for employee training, sales tax refunds, state income tax credits, or other incentives.
Sources: Illinois Department of Commerce and Economic Opportunity (http://www.commerce.state.il.us/dceo/) and the Iowa Department of Economic Development http://www.Iowalifechanging.com).
Training Resources
The Quad Cities region is serious about employee training, because we know that lifelong learning opportunities benefit your business' bottom line by helping retrain-and retain-quality workforce. A variety of job training and screening options are available to businesses in the Quad Cities.Job Training:
The Business and Industry Centers of our two community colleges, Black Hawk College and the Eastern Iowa Community College, can tailor any job training program to your needs.
