Geneseo Economic Development in Geneseo Illinois

Address and phone number for Geneseo Economic Development, an Economic Development Agency, at South Oakwood Avenue, Geneseo IL.


Name
Geneseo Economic Development
Address
115 South Oakwood Avenue, Geneseo, Illinois, 61254
Phone
309-944-0914
Hours
Mon-Fri 9:00 AM-8:00 PM; Sat 9:00 AM-5:00 PM; Sun 12:00 PM-5:00 PM

About the Geneseo Economic Development

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

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

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

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

Economic Development Grants & Loans

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

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

Contact the Geneseo Economic Development

You may contact the Geneseo Economic Development by calling 309-944-0914, or by addressing inquiries to the office mailing address: Geneseo Economic Development, 115 South Oakwood Avenue, Geneseo, Illinois, 61254.


Map of Geneseo Economic Development in Geneseo Illinois

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