Incentives

Macomb and McDonough County offer several financial incentives. The Macomb Area Economic Development Corporation (MAEDCO) can help structure the best financial package for your business using programs such as:

Macomb/Bushnell Enterprise Zone

  • sales tax exemption
  • nearly 100% property tax abatement (up to 10 years)
  • jobs tax credit (state)
  • waiver of local fees
  • boundary map
Tax Increment Financing (TIF)
City of Macomb Revolving Loan Fund
MAEDCO Revolving Loan Fund
Prairie Hill Research Conservation & Development Revolving Loans
Western Illinois Community Development Corporation
Land Write Down – City Industrial Park
 
Additional Loans and Incentives are available through:

  • Illinois Department of Commerce and Economic Opportunity
  • U.S Department of Agriculture Rural Development Program
  • Illinois Development Finance Authority