INCENTIVE DESCRIPTION

State:	IA
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Training Credits
Description:	IOWA INDUSTRIAL NEW JOBS TRAINING PROGRAM- Low or no cost job training program offered through state's community college system. Reimburse up to 50% of Annual Gross Payroll. Company is also eligible for a corporate tax credit if the workforce increases by 10%.
Eligibility Requirements:	The company must be located in or relocating to Iowa. Service providing businesses must have customers outside Iowa. The company may not substantially reduce or close facilities elsewhere in the state. The jobs must be newly created and and pay Iowa withholding tax. New employees must occupy positions that did not exist 6 months prior to pursuing the training program.
Geographic Restrictions:	Statewide
Granting Authority:	Iowa Department of Economic Development

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.