_700.webp)
Business Incentives for Growth
investment tax credit
local property tax exemption
refund of sales tax paid on construction materials
See us at Farnborough International Airshow 2026 : 2428
Business Incentives for Growth
The Business Incentives for Growth (BIG) program helps qualifying businesses offset some of the costs of locating, expanding or modernizing a facility in Iowa. Offered by the Iowa Economic Development Authority (IEDA), BIG supports growth in key industries: advanced manufacturing, bioscience, insurance and finance, and technology.
People
Description
Projects must involve a capital investment such as building construction/remodeling, long-term lease costs (minimum 10 years) or depreciable assets.
To be considered, projects should demonstrate clear economic impact in Iowa, such as:
To be considered, projects should demonstrate clear economic impact in Iowa, such as:
- Working with a high or growing number of in-state suppliers
- Diversifying Iowa’s economy
- Operating in an industry with few in-state competitors
- Creating new jobs or raising wages/skills for existing workers
- Increasing productivity and competitiveness through smart technologies (i.e., automation, robotics, Internet of Things (IoT), additive manufacturing, augmented reality and cybersecurity — often called Manufacturing 4.0)
- Contributing to the state’s gross domestic product
- Adding product lines or services, entering new markets or customer segments, or scaling production and operational capacity.
