Incentives

DeKalb County Enterprise Zone

DCEDC is the designated Zone Administrator for the newly established DeKalb County Enterprise Zone (effective 1/1/16).

Additional details regarding benefits, qualifying project instructions/applications, maps, and can be found by following the link to the Enterprise Zone page.

 

Follow the link for more information and updates.

Illinois EDGE Extension Signed

From the Illinois Department of Commerce:

Governor Rauner signed Senate Bill 513, the EDGE Tax Credit Extension, into law. This extension is only a temporary measure and all agreements must be signed by close of business Friday, April 28th. All other elements of the EDGE program remain unchanged.

As of today, the Illinois Department of Commerce is accepting EDGE applications for qualifying projects through, Friday, March 31st. Similar to last year’s EDGE crunch, applications received after this date will be processed but we cannot guarantee that all applications will be completed due to holiday schedules, etc. We are dedicated to providing the best possible service throughout this process and completing as many applications as necessary.

When submitting an application, please provide the following:

EDGE Business Application
ITR-1 Tax Clearance form
Site Differential Cost Analysis
EDGE Application Supplement – Legal Disclosures

Foreign Trade Zone #176

DeKalb County is located within the service area of Foreign Trade Zone #176, administered by Zethmayer, LLC on behalf of the Greater Rockford Airport Authority.

About the Greater Rockford Airport Authority

The Greater Rockford Airport Authority is one of the oldest airport authorities in the United States. Formed in 1946, the Authority has four jurisdictions that appoint a seven-member Board of Commissioners. 2006 marked the 60th anniversary of the Greater Rockford Airport Authority and 2007 marked the 20th anniversary of our Main Terminal. The Board of Commissioners is responsible for setting policies and ordinances governing the operations at RFD, which are carried out or enforced by a professional staff.

Zethmayr is a location strategy firm that helps companies establish cost-optimized operations in the United States through providing site selection and incentive negotiation services. With 10 years of experience in state and regional economic development, the firm also helps regions apply for and administer programs to enhance cost-competitiveness. Zethmayr bridges market intelligence and location strategy, ensuring businesses establish operations in a location that optimizes their long-term operating costs, fits with their corporate strategy and values, and provides a mutually-beneficial economic partnership with a community. Zethmayr.com

FTZ Service Map

Community-based Incentives:

Contact DCEDC to learn about individual community incentives.