Eastern Iowa REC recognizes our service territory is a diverse and growing business community. We strive to bring new businesses and industries to our region, and we work to support the growth and expansion of our existing business members.
The Cooperative works to bring new businesses and industries to our region while supporting the growth of existing business members. Eastern Iowa REC can assist with locating a site for commercial or industrial development, identify energy efficiency rebates available to businesses, and sponsor applications to USDA’s Rural Economic Development Loan and Grant Program.
USDA’s Rural Economic Development Loan and Grant Program offers 0%, 10-year loans for qualifying projects that create or retain rural jobs.
Eastern Iowa REC also administers a revolving loan fund to aid organizations with low-interest funding for industrial or commercial development, business expansions or startups, community facilities and infrastructure, medical facilities, training or educational facilities and tourism.
For more information, contact Stephanie Miene, Eastern Iowa REC economic development director, click HERE to email or call 800-728-1242.