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Incentives Directory

Incentives Directory



Maquoketa Valley REC Revolving Loan

Maquoketa Valley Electric Cooperative (MVEC) created the Community/Economic Development Revolving Loan Fund (RLF) to improve the quality of life in rural areas by contributing to long-term improvement in the local economy. The RLF is a local funding source with a goal of providing low interest loans to assist with local economic


Category: Revolving Loan Funds


MIDAS Revolving Loan Fund

Maquoketa Industrial Development Assistance Service (MIDAS) Revolving Loan Fund (RLF) Program Summary: •    MIDAS' goals are to create/retain jobs and/or expand the local economy. •    MIDAS' RLF is used for “gap financing.” The City is not a substitute for a traditional lender. •    MIDAS' RLF may not be used as the primary vehicle


Category: Revolving Loan Funds


Nestmint

Equity fund that provides startups with the initial capital to move their business from idea to actuality. Commonly referred to as seed funding. It is focused on idea-level and early stage businesses that typically are seen as too early to raise capital.  *Contact Jackson County Economic Alliance for more information regarding


Category: Equity, Fund


New Jobs Training Program (260 E)

Training is an investment in your company's success. Eastern Iowa Community College District (EICCD) coordinates training for companies throughout Jackson county. There are state programs that are administered by the college that can dramatically reduce a companies training costs. The Iowa New Jobs Training Program is designed to assist businesses that


Category: Workforce Training


Rural Vitality Fund

Finding available financing to grow your business is a valuable aspect of Renew Rural Iowa. RVF LP was created as a part of the Iowa Farm Bureau Federation in partnership with other leading organizations including Wellmark Blue Cross Blue Shield, CIPCO, and the Iowa Agriculture Finance Corporation who are committed


Category: Fund


SBA 504 Loan

E.C.I.A. Business Growth, Inc. administer's the SBA 504 Loan Program in this region for the Small Business Admniistration (SBA). This financing program helps American small businesses grow, while benefiting communities through tax base expansion, business growth and job creation.

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Category: Loan, Financing


Tax Increment Financing (TIF)

Tax Increment financing is a method of reallocating property tax revenues which are produced as a result of an increase in taxable valuation within a tax increment area. Tax increment financing areas are created as a means to maximize property tax dollars within particular areas, in order to pay the


Category: Tax, Increment Financing


Urban Revitalization Program

Offers a property tax exemption for new improvements made to qualified residential properties and limited commercial properties. Owners who upgrade their residential properties located within a designated Urban Revitalization district may receive a 10 year exemption from the property tax liability that would normally accompany property improvements. *Contact Jackson County Economic


Category: revitalize, urban


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Fast Fact Image

Maquoketa has been known as the “Timber City” since about 1870 because  of the many trees that line the streets.


Photos throughout the JCEA Website are courtesy of David Namanny, Bellevue Herald Leader, The Bellevue Chamber of Commerce, The Maquoketa Chamber of Commerce, and Patti Hoffman, who represents Preston Growth and Development and The Preston Times.