Address and phone number for Geneva Economic Development, an Economic Development Agency, at South 1st Street, Geneva IL.
The Geneva Economic Development, located in Geneva, IL, is a government agency that promotes business activity and development in the Kane 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 Geneva. The EDA also offers small business support programs and land development programs.You may contact the Economic Development Office for questions about:
The Economic Development Office promotes the Kane County area for business development, highlighting Geneva as a favorable location to do business. The EDA works closely with Kane 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 Kane 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 Geneva, IL
In Geneva, 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 Geneva Economic Development maintains an inventory of available commercial land and commercial building space in Geneva 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 Kane County permitting requirements, and connect small businesses with bidding opportunities for government contracts.Economic Development Grants & Loans
The Economic Development Office administers Kane County grants and loans. These include Brownfield Redevelopment grants, facade improvement grants, and Kane County public improvement grants. Businesses can also qualify for Kane County loan programs, often with below-market interest rates and less stringent credit requirements than business loans from traditional financing institutions.Kane 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 Kane County level, or the Geneva level. The Economic Development Office offers tax incentives or tax abatements on the theory that new businesses or expanding businesses generate job opportunities in Kane County and thus increase the tax base.Contact the Geneva Economic Development
You may contact the Geneva Economic Development by calling 630-232-7449, or by addressing inquiries to the office mailing address: Geneva Economic Development, 22 South 1st Street, Geneva, Illinois, 60134.
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