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