Incentives
Reno County communities work aggressively to win new companies and investment to the area. In addition to highly competitive utility rates, a low cost of doing business and a motivated and skilled workforce, there are several incentive tools available to new and existing expanding businesses. Please contact us with questions about any of these local incentive programs.
Purpose of the program
The purpose of the E-Community Loan Program is to encourage entrepreneurial small business development and retention in Hutchinson and Reno county. Qualifying entrepreneurial projects include
The High Performance Incentive Program (HPIP) provides tax incentives to qualifying employers who pay above average wages, along with having a robust commitment to teach skills development for their workers.
Purpose of the programThe purpose of the IWW Loan fund is to stimulate private investment in the downtown area while helping recruit and/or retain jobs, develop or strengthen new or
Many Reno County governmental units support the use of industrial revenue bond financing for the expansion and remodel of an existing building or the construction of a new building and
The Kansas Industrial Retraining (KIR) program is a job retention tool that helps restructuring companies retrain employees who are likely to be displaced because of obsolete or inadequate job skills
The Kansas Industrial training (KIT) program may be used to assist firms involved in net new job creation. Training can include subjects that provide knowledge and specific skills necessary for
Neighborhood Revitalization Plan (NRP) Tax Rebate Program
The Neighborhood Revitalization Plan (NRP) Tax Rebate Program is a property tax rebate available for properties south of 11th Avenue in the Hutchinson
The following incentives are offered to investors for putting their capital to work in qualified opportunity zones. Click here to see the qualified areas in Reno County.
Temporary
Program Description
Applicants must create a minimum of 10 new jobs to qualify for the incentives. Wages for newly created jobs must meet a starting minimum base wage requirement
Purpose of the program
StartUp Kansas provides gap financing to help entrepreneurs start or grow a business in Kansas. The loan program matches other public sources of capital, is
Business & Industry Loan Guarantee (B&I)
This program offers loan guarantees to lenders for their loans to rural businesses. Lenders need the legal authority, financial strength and sufficient experience to
