Businesses can rest easy knowing they have located in a city and state that provides a low-cost, and stable pro-business environment.
New, relocating, or expanding companies may qualify for a variety of incentives and tax credits. Our staff would be happy to create a custom package of personalized incentive and tax credit information tailored to your company's specific needs.
The City of Eagle has established policies and procedures for incentives in an effort to develop and expand the local economy by promoting and encouraging development and redevelopment projects that enhance the City's economic base and economic diversity and expand job opportunities.
In furtherance of these objectives, the City will, on a case-by-case basis, give consideration upon request to providing economic incentives to applicants in accordance with the policies and procedures. The policies and procedures are not intended to obligate the City to provide economic incentives to any applicant. The decision whether to approve or deny economic incentives for any applicant shall be at the discretion of the Council; no program or agreement is effective unless and until it is approved by the Council.To be considered for incentives, a project must:
Incentives will be based on several qualifying factors, such as; project investment, the number of new jobs created or jobs retained, payroll wages, type of industry sector, and overall economic benefit to the community. Any request for incentives must be approved by the Mayor and Eagle City Council.
Urban Renewal is an economic development tool available in Idaho. The City of Eagle works with its Urban Renewal Agency, the Eagle Urban Renewal Agency (EURA), to identify, plan, and support private and public economic development efforts. Properties which are located within an urban renewal district may be able to utilize urban renewal funds to mitigate extraordinary impediments to development.
Companies can also benefit from a variety of tax credits, incentives, exemptions, and workforce training grants.Idaho Tax Reimbursement Incentive (TRI)
The Idaho Global Entrepreneurial Mission grant program funds commercialization research where university researchers and business experts partner together to bring viable technologies to market.
The Idaho State Trade Expansion (STEP) Program is a grant that makes funds available to qualifying Idaho companies for international marketing campaigns to export their products.