Address and phone number for Woodstock Economic Development, an Economic Development Agency, at W Calhoun St, Woodstock IL.
The Woodstock Economic Development, located in Woodstock, IL, is a government agency that promotes business activity and development in the McHenry 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 Woodstock. 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 McHenry County area for business development, highlighting Woodstock as a favorable location to do business. The EDA works closely with McHenry 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 McHenry 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 Woodstock, IL
In Woodstock, 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 Woodstock Economic Development maintains an inventory of available commercial land and commercial building space in Woodstock 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 McHenry County permitting requirements, and connect small businesses with bidding opportunities for government contracts.Economic Development Grants & Loans
The Economic Development Office administers McHenry County grants and loans. These include Brownfield Redevelopment grants, facade improvement grants, and McHenry County public improvement grants. Businesses can also qualify for McHenry County loan programs, often with below-market interest rates and less stringent credit requirements than business loans from traditional financing institutions.McHenry 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 McHenry County level, or the Woodstock level. The Economic Development Office offers tax incentives or tax abatements on the theory that new businesses or expanding businesses generate job opportunities in McHenry County and thus increase the tax base.Contact the Woodstock Economic Development
You may contact the Woodstock Economic Development by calling 815-338-4305, or by addressing inquiries to the office mailing address: Woodstock Economic Development, 121 W Calhoun St, Woodstock, Illinois, 60098.
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