Bloomington Economic Development in Normal Illinois

Address and phone number for Bloomington Economic Development, an Economic Development Agency, at West College Avenue, Normal IL.


Name
Bloomington Economic Development
Address
200 West College Avenue, Normal, Illinois, 61761
Phone
309-452-8437
Hours
Mon-Fri 8:00 AM-4:30 PM

About the Bloomington Economic Development

The Bloomington Economic Development, located in Normal, IL, is a government agency that promotes business activity and development in the McLean County area. The Economic Development Agency (EDA) attracts and retains business, promotes development to increase employment and the tax base, and encourages a thriving economic environment in Normal. The EDA also offers small business support programs and land development programs.

You may contact the Economic Development Office for questions about:
  • Normal Economic Development programs and services
  • City and community development
  • Job creation, training, and workforce development
  • McLean County Economic Development funds
  • EDA grants and funding
Normal Business and Workforce Development

The Economic Development Office promotes the McLean County area for business development, highlighting Normal as a favorable location to do business. The EDA works closely with McLean County Chambers of Commerce and business groups to market the region for business development. To promote business, the EDA creates marketing materials, creates promotional advertising, and organizes McLean County business expos. In addition to business development, the Economic Development Office promotes workforce development through job creation programs and training opportunities.

Land Development Programs in Normal, IL

In Normal, the Economic Development Center seeks developers for undeveloped land or areas in need of redevelopment. They market development opportunities and identify obstacles to development, such as site contamination or a lack of funding. The Bloomington Economic Development maintains an inventory of available commercial land and commercial building space in Normal to match developers, landlords, and business owners with prime locations.

Small Business Support Programs

As part of its business development agenda, the Economic Development Agency offers small business support programs. These programs provide ombudsmen services, support small businesses with licensing and McLean County permitting requirements, and connect small businesses with bidding opportunities for government contracts.

Economic Development Grants & Loans

The Economic Development Office administers McLean County grants and loans. These include Brownfield Redevelopment grants, facade improvement grants, and McLean County public improvement grants. Businesses can also qualify for McLean County loan programs, often with below-market interest rates and less stringent credit requirements than business loans from traditional financing institutions.

McLean County Tax Incentives

In Illinois, the Economic Development Corporation administers tax incentives for businesses that expand or relocate within the jurisdiction. Funding for tax incentives may come from the Illinois state level, the McLean County level, or the Normal level. The Economic Development Office offers tax incentives or tax abatements on the theory that new businesses or expanding businesses generate job opportunities in McLean County and thus increase the tax base.

Contact the Bloomington Economic Development

You may contact the Bloomington Economic Development by calling 309-452-8437, or by addressing inquiries to the office mailing address: Bloomington Economic Development, 200 West College Avenue, Normal, Illinois, 61761.


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