The DKEDC is a resource for information on available grants, incentives and tax breaks. Businesses, entrepreneurs and developers have access to incentives when investing in Dickinson County. We encourage anyone interested in local incentives to contact the DKEDC for more information.
The size and scope of federal and state government can sometimes make it difficult to determine what is required of a business operation. There are countless regulations that also apply to many business ventures. The City may not know all there is to know about the federal or state government, but it can assist with available resources that will provide the answers that are needed when opening or expanding a business.Learn More
One of the challenges of any new business is finding sufficient funding to get the business plan from the page to the supply line. The City of Abilene can assist businesses find gap funding when normal funding cannot fully meet the needs of the prospective business. The City has access to a variety of funding sources that may be appropriate to help a business bridge the gap between entrepreneurial funds, bank loans, and other sources of funding.Learn More
Eligible development projects may petition the City to issue Industrial Revenue Bonds to finance eligible development projects using the City of Abilene's credit. This allows projects to execute projects at a lower interest rate than what can typically be obtained in the private capital markets. The developer pays the bonds directly, while the City leases the improvements to the developer until such time as the bonds are retired. This incentive provides a lower-than-private financing mechanism, a sales tax exemption for improvements, and includes a ten-year ad valorem property tax abatement.Learn More
Sometimes a business venture requires new or amended legislation to allow for a higher probability of success. Some business ventures may seek federal or state grant or loan funding. The City of Abilene may elect to advocate for legislation or provide letters of support or other communication with federal and state officials.Learn More
The City of Abilene, in partnership with Dickinson County and Unified School District 435, grants rebates on ad valorem property taxes on eligible properties for a period of ten-years. The program is designed to encourage private investment in Downtown Abilene and the N. Buckeye Avenue/NE 14th Street Corridor.Learn More