Back to Grants
IA

Business Incentives for Growth (BIG) Program — Technology and Innovation

Tax incentive program replacing the High Quality Jobs Program, offering refundable investment tax credits, sales/use tax refunds, and property tax exemptions for technology and innovation companies creating or retaining jobs in Iowa. Up to 5% investment tax credit (7.5% in rural counties). Program capped at $50M per fiscal year.

About this program

Visit the program website for full details.

Eligibility

Iowa-based businesses primarily engaged in technology and innovation (or advanced manufacturing, insurance/finance, bioscience) that are creating or retaining qualifying jobs meeting county wage thresholds.

Requirements

  • Business must be primarily in advanced manufacturing, bioscience, insurance/finance, or technology and innovation
  • Must create or retain qualifying jobs meeting county wage thresholds
  • Must submit application to IEDA before project begins