Major Economic Growth Attraction (MEGA) Program
Funds major Iowa investment projects with negotiated incentives, including refundable tax credits, job-related withholding relief, and construction refunds.
The Major Economic Growth Attraction (MEGA) Program is Iowa's flagship incentive for transformational capital investment projects. Administered by the Iowa Economic Development Authority (IEDA), the program targets projects exceeding $1 billion in capital investment in advanced manufacturing, biosciences, or research and development operations. IEDA Board meetings are held monthly on the third Fri…
Funds Iowa's competition for major capital investment projects exceeding $1 billion through negotiated refundable tax credits, withholding credits for new jobs, and state sales/use tax refunds during construction.
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