Jo Daviess County Economic Development

Jo Daviess County Economic Development

Welcome to Jo Daviess County!
A great place to start and grow a business!


Northwest Illinois Economic Development is the official economic development headquarters for Jo Daviess County. It is a private/public partnership created in 2009. We want your business so please check with Lisa at NW Illinois first! Please scroll down for a brief list of county incentives (and others).



COUNTY INCENTIVES


1)  USDA Rural Economic Development Loan Program (REDL)

2)  Jo Daviess County Enterprise Zone

3)  Jo Daviess County Revolving Gap Loan Fund

4)  Easy and friendly government offices to work with

5)  Local Incentive packages (municipalities)

6)  State of Illinois Economic Development incentives


1)  USDA Rural Economic Development Loan Program (REDL)

 

  • $1,000,000 maximum loan
  • Loan amount shall not exceed 80% of total project cost
  • 0% interest
  • 10 year loan maximum
  • Click here for more details


2)  Jo Daviess County Enterprise Zone

 

  • The major benefit from Enterprise Zones is that you don’t have to pay sales tax on construction materials which is a cost benefit of up to 8%
  • Building Permits are required
  • There is an application fee
  • Please contact Lisa MacCarthy at NWIL ED Corporation for more details


3)  Jo Daviess County Revolving Gap Loan Fund

 

  • It is a source of financing for expanding or a start up business that has a “financing gap”. It is a low-interest option to complete a financing package
  • $200 application fee
  • Must borrow at least $20,000 – up to $100,000
  • Must follow 1 new or retained job to $20,000 of loan.
  • Must not exceed 25% of total package fee
  • 10 year loan maximum
  • .25% cost for annual service fee
  • Must not sell or move within 5 year period
  • Must fill out an 8 page document
  • Click here for more details


4)  Easy and friendly government offices to work with

 

Blackhawk Hills Resource Conservation & Development District
Phone: 815-625-3854 ext 2
www.blackhawkhills.com

Jo Daviess County Development & Planning Committee
Phone: 815-777-6557
www.jodaviess.org/committees

Jo Daviess County Economic Development Strategies Committee (CEDS)
815-777-6557
www.jodaviess.org/committees

Contact the Jo Daviess County Administrator's Office
Phone: 815-777-6557
Email: countyadministrator@jodaviess.org

County Chairman RJ Winklehake
County Vice-Chairman Brandon Belke
Jo Daviess County Development and Planning Committee Chairman – Ron Smith


5)  Local Incentive packages (municipalities)

 

 

6)  State of Illinois Economic Development incentives

 

Contact Lisa McCarthy at North West Illinois Economic Development Corporation to help walk through Illinois incentive packages.

Contact Us

North West Illinois Economic Development Corporation
Contact: Lisa McCarthy
Phone: 815-858-4491
Email: info@tceda-nwil.org

Jo Daviess County Administrator's Office
Phone: 815-777-6557
Email: countyadministrator@jodaviess.org