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IA
Business Incentives for Growth (BIG) Program — Professional and Financial Services
Tax incentives (refundable investment tax credits, sales/use tax refunds, property tax exemptions) for Iowa insurance and finance businesses creating or retaining qualifying jobs. Up to 5% investment tax credit (7.5% rural). $50M annual award cap.
About this program
Visit the program website for full details.
Eligibility
Iowa-based businesses primarily engaged in insurance and finance (or advanced manufacturing, bioscience, or technology and innovation) creating or retaining qualifying jobs meeting county wage thresholds.
Requirements
- Business must be primarily in insurance, finance, or another qualifying BIG industry
- Must create or retain qualifying jobs meeting county wage thresholds
- Application submitted to IEDA before project begins