EDGE
Eligibility
100 or Fewer World-Wide Employees
Job Creation: The Lesser of
- 5% of world-wide employment, or
- 50 new full time jobs
- Investment- $0 *
More than 100 World-Wide Employees
Job Creation: The Lesser of
- 10% of world-wide employment, or
- 50 new full time jobs
- Investment: $2,500,000
New Job Creation Base Credits
- 50% of Illinois payroll withholding of newly created full-time jobs at the project.
- Companies in “Underserved Areas”
For projects located in an “underserved area”, an additional 25% of Illinois payroll withholding of newly created full-time jobs
Job Training
- 10% of eligible training costs of new full-time employee's positions at the project.