Chillicothe Economic Development in Chillicothe Illinois

Address and phone number for Chillicothe Economic Development, an Economic Development Agency, at North 2nd Street, Chillicothe IL.


Name
Chillicothe Economic Development
Address
908 North 2nd Street, Chillicothe, Illinois, 61523
Phone
309-274-3107

About the Chillicothe Economic Development

The Chillicothe Economic Development, located in Chillicothe, IL, is a government agency that promotes business activity and development in the Peoria 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 Chillicothe. The EDA also offers small business support programs and land development programs.

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

The Economic Development Office promotes the Peoria County area for business development, highlighting Chillicothe as a favorable location to do business. The EDA works closely with Peoria 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 Peoria 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 Chillicothe, IL

In Chillicothe, 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 Chillicothe Economic Development maintains an inventory of available commercial land and commercial building space in Chillicothe 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 Peoria County permitting requirements, and connect small businesses with bidding opportunities for government contracts.

Economic Development Grants & Loans

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

Peoria 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 Peoria County level, or the Chillicothe level. The Economic Development Office offers tax incentives or tax abatements on the theory that new businesses or expanding businesses generate job opportunities in Peoria County and thus increase the tax base.

Contact the Chillicothe Economic Development

You may contact the Chillicothe Economic Development by calling 309-274-3107, or by addressing inquiries to the office mailing address: Chillicothe Economic Development, 908 North 2nd Street, Chillicothe, Illinois, 61523.


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