MEDCO provides many types of assistance for companies wanting to build or expand their businesses in Marion. We can help you navigate the many local and state programs available. Contact us for more information.
Builders & Developers Agenda: Nov 13, 2008, 7:30, Lowe Park
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Learn more about the available business properties in Marion. |
Local tax incentives
MEDCO will help you coordinate local tax incentives that may be available from the City of Marion. These may include tax exemptions, Tax Increment Financing (TIF), and other local programs.
What is TIF?
Financing options
MEDCO will help you find state and local financing for your business or other seed capital opportunities. MEDCO maintains a Revolving Loan Fund from which low-interest loans may be extended.
State programs
The State of Iowa offers a wider range of prorgrams to assist businesses and communities with economic development and business expansion. MEDCO will help you in researching and completing applications for assistance through the state of Iowa.
The Iowa Department of Economic Development (IDED) provides a wide array of business assistance:
• Low-Interest or Forgivable Loans
• Infrastructure Development Assistance
• Creation of High Quality Jobs
• Regulatory and Compliance Assistance
• International Business Assistance
MEDCO will provide direction in completing all necessary applications.
Development partners
MEDCO works closely with many supporting organizations to provide powerful economic development tools. Our partners include:
The Kirkwood Small Business Development Center
Entrepreneurial Development Center, Inc
Central Iowa Power Cooperative
U.S. Small Business Administration