Business Assistance Incentives
Driftless Development INC specializes in assisting all types and sizes of business including existing, new and startups who want to call Crawford County home. Our job is to identify local, state, and federal programs and incentives and help deliver every program available that results in business growth and job creation. From local low interest loan funds to grants and tax credits, we know how to access many resources designed to assist businesses in Crawford county.
Wisconsin has a wide range of programs and incentives to encourage business growth and job creation. The list below contains just a few programs and incentives for businesses. Looking to invest in Crawford county? Contact us to learn more about how we can assist you.
Business Development Tax Credits
The goal of the Business Development Tax Credit (BTC) Program is to incent new and expanding businesses in the state of Wisconsin. Click here to learn more or download the program flyer under Links & Downloads below.
Business Development Loan Program
The goal of the Business Development Loan Program (BDL) is to support the retention and expansion of businesses operating in the state of Wisconsin.
The program offers financing primarily to small businesses that have limited access to standard types of debt or equity financing, particularly, but not limited to, rural areas of the state. The program is intended to provide gap financing to existing businesses seeking to expand, increase operational efficiency, or enhance competitiveness in key Wisconsin industries. Click here to learn more or download the program flyer under Links & Downloads below.
Financing for Facility Efficiency Improvements
Property Assessed Clean Energy (PACE) is an innovative program that enables property owners to obtain low-cost, long-term loans for energy efficiency, renewable energy, and water conservation improvements. Projects financed using PACE can generate positive cash flow upon completion with no up-front, out-of-pocket cost to property owners—eliminating the financial barriers that typically prevent investment in revitalizing aging properties. The term of a PACE Financing may extend up to the useful life of the improvement, which may be as high as 20 years or more and can result in cost savings that exceed the amount of the PACE Financing. The result is improved business profitability, an increase in property value, and enhanced sustainability. Wisconsin Statute § 66.0627(8) authorizes Wisconsin counties and municipalities to make PACE Financing available in local communities. Currently, Jefferson County is a participating county in the PACE program. Learn more.
Manufacturing and Agriculture Tax Credit
Starting in 2013, a tax credit became available for income derived from manufacturing or agricultural property located in Wisconsin. It will offset a significant share of Wisconsin income taxes. See the fact sheet under Links & Downloads below.
Property Tax Exemptions for Manufacturers
Machinery and equipment used exclusively and directly in the production process in manufacturing is exempt from personal property taxes. Click here.
Links & Downloads
Business Development Tax Credits (WEDC download)
Interactive Incentive Finder
There are numerous tax credits and incentives available to businesses. Select an Industry Type and Incentive Type to display the list of available incentives and links to information. Click here.
For more information on eligibility, contact the Wisconsin Department of Revenue Business Customer Service at (608) 266-2776.