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Business Incentives for Growth (BIG) Program

Business Incentives for Growth (BIG) Program

Supports Iowa business expansion with performance-based tax credits, sales tax refunds, and optional local property tax relief.

Between cyclesIowa Economic Development AuthorityUnited StatesProjects in Iowa

Iowa's Business Incentives for Growth (BIG) Program, administered by the Iowa Economic Development Authority, helps qualifying businesses offset the costs of expansion and modernization through a combination of performance-based investment tax credits, sales tax refunds on construction materials, and optional local property tax exemptions. The program superseded the legacy High Quality Jobs Progra…

Funds Iowa business expansion in targeted sectors through performance-based investment tax credits, construction sales tax refunds, and optional local property tax exemptions awarded after qualifying assets are placed in service.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Tax credit
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 24 Jul 2026Source: opportunityiowa.gov