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Burlington - West Burlington Iowa Economic Development GroupBurlington - West Burlington Iowa Economic Development Group
Burlington - West Burlington Iowa Economic Development

Financial Assistance

The Greater Burlington Area and the State of Iowa offer a wide range of flexible business assistance programs. Projects are evaluated individually and every effort is made to create a package that will assist a business/industry in expanding or locating within the community. The level of assistance is based upon several key factors such as the number of jobs created and/or retained, the average wage of those jobs, and the projection for future growth.

Many of the programs have a wage threshold that must be met obtained in order to qualify for a major incentive. This threshold is based upon the average county wage (measured quarterly) and, depending upon the program, 51% of the new jobs created must pay at or above the current county average.

The Des Moines County average wage history is as follows:
Current - $15.92
2009 - Q2: $15.83
2009 - Q1: $15.80
2008 - Q4: $15.79
2008 - Q3: $15.74
2008 - Q2: $15.63
2008 - Q1: $15.64
2007 - Q4: $15.46
2007 - Q3: $15.20

A synopsis of local, regional, and state business assistance programs is provided below:
Burlington Area Development Fund
Enterprise Zone
Job Training Programs
Targeted Jobs Withholding Tax Credit
Tax Abatement
Other State and Local Programs

To get your project started, please contact: Jason Hutcheson Executive Director Grow Greater Burlington 319-752-6365 jhutcheson@growburlington.com