Financial and Tax Incentives Are Available for Scott County Businesses
Scott County may be one of the smallest counties in Illinois, but we offer significant incentives. Businesses may qualify for gap financing, for example. This financing means coming up with a lower down payment or none at all! Purchase equipment or buy or renovate a building in Scott County using this and other incentives.
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The Ameren Illinois Energy Efficiency Programs provides cash incentives for energy-efficiency upgrades to businesses throughout central Illinois. The Competitive Large Incentive Project (CLIP) through Ameren Illinois can provide your business or organization with the opportunity to receive generous cash incentives and bonus dollars. Also, small...
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Developers may work with the City of Winchester to take advantage of property tax abatement for their Project. Contact the City of Winchester.
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Illinois Department of Commerce and Economic Opportunity (DCEO) awards up to 30% of eligible system costs up to $10,000 for the purchase and installation of pv or solar thermal energy systems under $50,000 in total cost. Please see the DCEO web site for current program...
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Provides grants to local governments whose population is less than 50,000, to assist with improvements to public infrastructures and for low interest loans to companies which directly support an economic development project benefiting low to moderate income residents. The maximum grant available is $750,000.Learn More
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Economic Development for the Growing Economy is a tax abatement through the State Department of Commerce and Economic Opportunity (DCEO). The incentive provides a corporate income tax credit equal to jobs created times the average wage times the personal income tax rate times ten years...
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One of six CDC’s formed as part of the U.S. Department of Commerce & Economic Development Administration pilot program in December 1988. The Tri-County CDC was organized to provide gap financing and seed capital loans to retain and create employment in Morgan, Cass, and Scott counties. It is a for-profit corporation consisting of investors from 12 area banks throughout the region, the city of Jacksonville, the Jacksonville Area Chamber of Commerce, and Illinois Rural Electric Cooperative.
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The program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. Agricultural producers may also apply for new energy efficient equipment and new system loans for agricultural production and processing.
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WIEDA is a general development agency for the counties of Adams, Brown, Cass, Fulton, Hancock, Henderson, Mason, McDonough, Morgan, Pike, Schuyler, Scott and Warren. The Authority’s financial and supportive powers enable it, with the written approval of the Governor of the State of Illinois, to...
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