Businesses
Government-funded
Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Investment tax credits and refunds for businesses creating or retaining high-quality jobs in Iowa, targeting manufacturing, processing, and businesses with significant Iowa supply chains.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Must create or retain minimum 10 jobs (5 in enterprise zones)
2.Jobs must pay at least 130% of county median wage with benefits
3.Investment credit up to 10% of qualifying investment
4.Sales/use tax refunds on qualifying purchases during project
5.Must remain in Iowa and maintain employment for 5 years
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).