Rantoul Economic Development in Rantoul Illinois

Address and phone number for Rantoul Economic Development, an Economic Development Agency, at South Century Boulevard, Rantoul IL.

Rantoul Economic Development
601 South Century Boulevard, Rantoul, Illinois, 61866

About the Rantoul Economic Development

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

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

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

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

Economic Development Grants & Loans

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

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

Contact the Rantoul Economic Development

You may contact the Rantoul Economic Development by calling 217-893-3862, or by addressing inquiries to the office mailing address: Rantoul Economic Development, 601 South Century Boulevard, Rantoul, Illinois, 61866.

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