Iowa New Jobs Training Program (260E)To compete in today’s global economy businesses needs fully trained employees. If your company is new or planning to expand employment in the state of Iowa there is financial help for training new employees.
The state of Iowa provides economic incentives to businesses through the Iowa New Jobs Training Program, Iowa Code Chapter 260E. The net result is that new employees will show higher productivity, improved morale and reduced turnover—and your company will be better prepared to compete inthe 21st century.
To determine if your business is eligible or for further information click here.
Iowa Job Training Program (260F)The Iowa Jobs Training Program (260F) is a state sponsored program designed to assist Iowa based businesses with the training and development for existing employees. The purpose of the program is to foster growth of Iowa’s incumbent workforce, enabling the state’s business and industry to remain competitive in an ever-changing global economy.
The Iowa Jobs Training Program provides forgivable loans to qualifying businesses and will reimburse up to 50 percent of the total training cost of most training expenses. Program funds are available on a first come, first served basis and are awarded through an application process.
Tax Increment Financing (TIF)
The City of Tipton has established Tax Increment Financing (TIF) districts for economic development purposes. County and city tax exemptions may be available for new or expanding manufacturing and commercial enterprises. The Tipton City Council must approve any TIF package recommended by TEDCO.
For property located in the Tipton TIF district, the City Council may use the proceeds resulting from the increase in taxable valuation due to construction of new manufacturing or commercial facilities to provide economic assistance to businesses.
Downtown Revitalization Incentive Program (DRIP)
The purpose of Tipton’s Downtown Revitalization Program (DRIP) is to encourage business and property owners to enhance their buildings’ appearance and usage with the goal of attracting customers, tenants and investors to the business district and creating a positive image for the community .
The incentive programs are designed to assist with the following:
Click here to download program information and application materials.