Business Growth Incentives
In Iowa, we know a thing or two about making things grow – including your business. That’s why we offer incentives and tax benefits specifically designed to benefit your bottom line and help your company reach profitability ahead of schedule. Simply put: When you invest in Iowa, we invest right back.
Facility Investment and Expansion
Considering expansion? Consider Iowa. Our incentive programs help offset costs while you focus on what matters most: growing your business.
Business Incentives for Growth (BIG)
This program helps businesses offset some of the costs of locating, expanding or modernizing a facility in Iowa. 
Major Economic Growth Attraction (MEGA)
Offers support for development projects that generate high-quality jobs and $1 billion or more in capital investment. Eligible projects must be located at a development-ready Iowa Certified Site.
Tax Advantages
Iowa is also one of the nation’s most tax-friendly states, allowing businesses and individuals to reinvest more of their hard-earned dollars.
- No sales or use taxes on machinery, equipment, electricity or natural gas used in advanced manufacturing
- No property tax on industrial machinery and equipment
- No inventory tax for salable goods, raw materials or goods-in-process
- Personal property not assessed for tax purposes