Southern Illinois has available tax incentives for developers and business owners. Tax incentives range from federal (Opportunity Zones), state (TIF Districts), to local development incentives (sales taxes). If you are looking to relocate or expand within our region, we will coordinate with our state and local partners to put together an incentive package to meet your needs.
State Incentives:
- Data Centers Investment Program: https://www2.illinois.gov/dceo/ExpandRelocate/Incentives/Pages/DataCenters.aspx
- Enterprise Zones: https://www2.illinois.gov/dceo/ExpandRelocate/Incentives/taxassistance/Pages/EnterpriseZone.aspx
- Economic Development for a Growing Economy Tax Credit Program: https://www2.illinois.gov/dceo/ExpandRelocate/Incentives/Pages/EDGE.aspx
- High Impact Business Program: https://www2.illinois.gov/dceo/ExpandRelocate/Incentives/Pages/HighImpactBusinessProgram.aspx
- Illinois Angel Investment Credit Program: https://www2.illinois.gov/dceo/ExpandRelocate/Incentives/taxassistance/Pages/AngelInvestment.aspx
- Illinois Apprenticeship Education Expense Tax Credit Program: https://www2.illinois.gov/dceo/ExpandRelocate/Incentives/Pages/ILApprenticeshipTaxCredit.aspx
- Illinois Historic Preservation Tax Credit Program: https://www2.illinois.gov/dceo/ExpandRelocate/Incentives/taxassistance/Pages/HistoricPreservationPA.aspx
- Tax Increment Financing: https://www2.illinois.gov/dceo/ExpandRelocate/Incentives/Pages/TaxIncrementFinancing.aspx
Federal Incentives
(in addition to Opportunity Zones)
- Empowerment Zones (in Alexander, Johnson, and Pulaski Counties) https://www.hud.gov/hudprograms/empowerment_zones
- HUBZone Program https://www.sba.gov/federal-contracting/contracting-assistance-programs/hubzone-program