INCENTIVE DESCRIPTION

State: IL
Incentive Type: Income/Franchise Tax Incentives and Credits
Incentive Title: Investment Credits
Description: THE ILLINOIS "EDGE" PROGRAM: Nonrefundable tax credit for businesses that create and/or retain jobs and make a capital investment.
Eligibility Requirements: EDGE is available to new and existing businesses involved in manufacturing, tourism or interstate services (excludes retailand professional services). Projects must add positively to the Illinois economy. Businesses must invest at least $5 million in capital expenditures and create 25 new jobs. Companies also need to prove that if not for the incentive, the project would not occur.
Geographic Restrictions: Statewide
Granting Authority: IIllinois Dept. of Commerce & Economic Opportunity


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.