State of Iowa Assistance Programs

Just like our region, the State of Iowa understands the importance of economic growth and has a variety of assistance programs available to businesses. These programs have a proven track record of supporting business expansion and fair global competition to our state. Here’s a look at what Iowa has to offer:

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Posted on:
Oct 28, 2016

EB-5 Iowa Research Center
In 1990, the EB-5 program was authorized by congress to economically target qualified immigrants seeking to obtain permanent residency. Administered by U.S. Citizenship and Immigration, the goal was to invest in businesses that create or save at least 10 full-time jobs in a target-specific market. The Iowa Economic Development Authority (IEDA) is partnering with CMB regional centers in order to effectively manage the EB-5 program. This...

Category: State of Iowa Assistance Programs

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Posted on:
Oct 28, 2016

High Quality Jobs Program
Iowa’s High Quality Jobs program offers qualifying businesses financial assistance and tax credits to help with the cost to relocate, expand, or modernize a facility in the state. There are stipulations to qualifying for this program—such as meeting wage threshold requirements, the businesses level of actual financial need, and offering a comprehensive healthcare package to its employees. The program also offers businesses looking to set up...

Category: State of Iowa Assistance Programs

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Posted on:
Oct 28, 2016

New Jobs Tax Credit
The heart of Iowa is its people—which is why continued job creation is important to the state and our region. The New Jobs Tax Credit is an incentive for businesses who not only expands new jobs by ten percent, but also, enter into a New Jobs Training Agreement. This one-time tax credit has several criteria, such as wages paid in the first year of business. Any...

Category: State of Iowa Assistance Programs

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Posted on:
Oct 28, 2016

Research Activities Credit
Research is the backbone to understanding what needs and changes are necessary to create a thriving economy. Iowa is one of a few states that offers a refundable research activities credit to businesses like yours. Companies in Iowa who participate or develop economic research can receive a credit that can be paid directly to the company—as long as—all tax liabilities and qualifications are met. To learn...

Category: State of Iowa Assistance Programs