This is a low interest loan made available through the City of Belmond at the recommendation of the BIDCO Finance Committee. It was established to assist industrial businesses with financing after all other avenues have been explored and used.
Industrial Tax Abatement
The City of Belmond has at its disposal the use of tax abatement for industrially zoned and used property. Application must be made through the City of Belmond.
Commercial Tax Abatement
The City of Belmond has at its disposal the use of tax abatement for commercially zoned and used property. Application must be made through the City of Belmond.
Retail Assistance Program Fund (RAP)
This is a low interest loan made available through the City of Belmond at the recommendation of the Chamber Business Development Committee. It was established to assist commercial/retail businesses with financing after all other avenues have been explored and used.
Prairie Energy Cooperative
Prairie Energy Cooperative REC provides low interest loans to qualifying businesses.
Iowa Department of Economic Development
The Iowa Department of Economic Development (IDED) offers a variety of financial incentives in the form of tax credits, low interest loans and grants.
North Iowa Area Community College
The North Iowa Area Community College (NIACC) offers job training programs for industries.
