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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.