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IA

Business Incentives for Growth (BIG) Program — Health and Bioscience

Refundable investment tax credits, sales/use tax refunds, and property tax exemptions for health and bioscience companies creating or retaining jobs in Iowa. Up to 5% investment tax credit (7.5% in rural counties); $50M annual cap.

About this program

Visit the program website for full details.

Eligibility

Iowa-based companies in bioscience or health technology primarily engaged in creating or retaining qualifying jobs that meet county wage thresholds.

Requirements

  • Company must be in bioscience or health-related qualifying industry
  • Must create or retain qualifying jobs meeting county wage thresholds
  • Must submit application to IEDA before project begins