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Mercer County offers a wide variety of incentives to existing and new companies. Some of those include: tax abatement, the largest revolving loan fund in the state with a portfolio of over $6,500,000 , machinery, equipment tax credit, regional 166 loan program and infrastructure growth. Over 300 acres of prime, reasonably priced industrial land and many other incentives are also available. Also available are local wage and benefit survey, business directory, and loan information Highly skilled work force available. Other incentives available from the State of Ohio: Community Development Block Grants Direct Loan (166 Loan) Export Tax Credit Linked Deposit Program Ohio Machinery & Equipment Investment Tax Credit Ohio Enterprise Bond Fund Ohio Job Creation Tax Credit Ohio Industrial Training Program OSDC/ABA 504 Loan Pollution Prevention Loan Programs ** Many of the above incentives are enhanced by the fact that Mercer County has been designated as a "situationally distressed" area until December 31, 2004. The Governor’s Region Three Director, Judith Cowan, of the Ohio Department of Development, is available with assistance for any new or existing company needing state funding. She can be reached by phone at: 419-229-5320 or Email: jcowan@odod.state.oh.us Information on all of the above can be obtained by contacting the Ohio Department of Development: 1-800-848-1300 http://www.connectohio.com |
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