Financial Assistance

The Greater Burlington Area and the State of Iowa offer a wide range of flexible business assistance programs. Projects are evaluated individually and every effort is made to create a package that will assist a business/industry in expanding or locating within the community. The level of assistance is based upon several key factors such as the number of jobs created and/or retained, the average wage of those jobs, and the projection for future growth.

Many of the programs have a wage threshold that must be met obtained in order to qualify for a major incentive. This threshold is based upon the average county wage (measured quarterly) and, depending upon the program, 51% of the new jobs created must pay at or above the current county average.

The Des Moines County average wage history is as follows:
Current - $15.98

A synopsis of local, regional, and state business assistance programs is provided below:

• Burlington Area Development Fund
• Enterprise Zone
• Job Training Programs
• Targeted Jobs Withholding Tax Credit
• Tax Abatement
• Other State and Local Programs

To get your project started, please contact:
Jason Hutcheson
President & CEO
RiverPark Place
610 N. 4th Street, Suite 200
Burlington, IA 52601
319-752-6365
jhutcheson@greaterburlington.com