Financing & Incentives
PCEDC Revolving Loan
PCEDC offers low-interest loans for business startups and expansions. Businesses may apply for a 5 year, 2% loan for up to $25,000. Contact our office to learn more and to fill out an application.
Pocahontas Revolving Loan
The City of Pocahontas administers a revolving loan fund that is designed to encourage new development or expand development activities in the City of Pocahontas. Call 712.335.4841 for more information.
MIDAS Revolving Loan
MIDAS Council of Government's administers a revolving loan fund that is designed to encourage new or expanded development activities in the north central Iowa counties of Calhoun, Hamilton, Humboldt, Pocahontas, Webster and Wright. Call .515.576.7183 for more details.
Tax abatement is the exemption of all or part of the increase in the value of real property resulting from new construction or expansion of existing buildings, for a specified period of time. For more detailed information, review Enterprise Zone benefits.
New Jobs Program
The Iowa New Jobs and Income Program offers a package of tax credits and exemptions to encourage high-quality capital investment and job creation. The Iowa New Jobs and Income Program provides a package of tax credits and exemptions to businesses making a capital investment of at least $10.87 million and creating 50 or more jobs meeting wage and benefit targets.
Economic Development Set-Aside Program
The EDSA program provides financial assistance to companies that create new employment opportunities and/or retain existing jobs, and make new capital investments. The amount of funding is based, in part, on the number of jobs to be created/retained. Funds are provided in the form of loans and forgivable loans.
The Small Business Development Center can help businesses with business planning, marketing, financial planning and projections, and more. Set up an appointment to get started.
The Iowa Workforce Development office has numerous resources for both individuals and employers.
Iowa Economic Development Authority is the economic development organization for the State of Iowa.
More Info Coming Soon!
11 W Elm Avenue
P.O. Box 212
Pocahontas, IA 50574