Support for Relocation, Expansion & Growth
Greater Omaha offers a range of state and local incentives to help companies reduce costs, manage risk, and invest confidently in the region.
Whether you’re launching a major capital project or adding new jobs, our team can help you identify the right programs and guide you through the process.
Incentives and Programs
The ImagiNE Nebraska Act rewards growth with valuable tax benefits. If your business meets specific investment and job creation thresholds at a qualifying location, you could unlock a powerful package of incentives including wage credits, investment tax credits, sales tax refunds and exemptions on personal and real property taxes.
Get an Incentives Brochure
Not sure how incentives will impact your business? Download our full incentives brochure from the Greater Omaha Chamber’s economic development team to learn more about our offerings.
Nebraska Programs and Benefits
Nebraska Tax Advantages:
- No intangibles tax
- No inventory tax
- No throwback rule
- Sales tax exemption on manufacturing equipment, raw materials, and utilities
- Sales tax refund on pollution control equipment
- 100% personal property tax depreciation schedule
Corporate Income Tax Rate:
3.9% (effective 2027)
average property tax rate:
1.54%
Research & Development Credit
Refundable tax credit for qualified R&D activities conducted by Nebraska-based businesses.
Greater Omaha Foreign Trade Zone (FTZ #19)
Allows companies to defer duty payments on imported goods until those goods formally enter U.S. commerce.
Capital Gains Exclusion
Exempts personal income tax on capital gains from the sale or exchange of stock acquired as an employee of the issuing corporation.
Tax Increment Financing (TIF)
Supports development by redirecting a portion of increased property tax revenue to offset project costs.
Local Option Municipal Economic Development Act
Allows Nebraska communities to direct local tax dollars toward business recruitment, job creation and infrastructure. Each community operates its program under a voter-approved economic development plan.
Nebraska Worker Training Program
Grants to help businesses retrain and upskill current employees. Requires a 1:1 employer match and is administered by the Nebraska Department of Labor.
Omaha Small Business Assistance
Includes targeted support programs for small and emerging businesses, including loan programs and technical assistance.
NDOT Economic Opportunity Program
Funds strategic local transportation improvements that support business growth and better connect employers to Nebraska’s statewide transportation network.
Site & Building Development Fund
Supports construction or improvement of industrial and commercial sites through grants and loans. Helps communities prepare ready-to-build locations that attract new businesses and expansions.
Iowa Incentives
Through a range of incentive programs, Iowa helps companies reduce costs, invest with confidence and accelerate job creation. Whether you’re expanding operations or breaking new ground, the state offers meaningful support in the form of tax credits, training assistance and infrastructure investment
Corporate Income Tax Rate:
5.5% – 7.1%
average property tax rate:
1.49%
High Quality Jobs Program
Offers tax benefits and direct financial assistance to help offset the costs of locating, expanding, or modernizing a facility in Iowa.
Targeted Jobs Withholding Tax Credit (Council Bluffs)
Allows the city to match employee withholding tax paid by the employer, creating an incentive for business expansion within Council Bluffs.
Iowa Jobs Training Program
Provides forgivable loans to Iowa employers to support training and upskilling of existing employees.
Tax Increment Financing (TIF)
Allows jurisdictions to reinvest a portion of property tax revenue to help finance new development and infrastructure.
Iowa Industrial New Jobs Training Program
Supports new or expanding businesses by covering up to 50% of annual gross payroll costs for on-the-job training of new employees.
Urban Revitalization (Council Bluffs)
Offers partial or full property tax exemptions for eligible development projects within designated revitalization areas.
New Jobs Tax Credit
A one-time corporate income tax credit for businesses that increase their Iowa workforce by at least 10%.
Discover Omaha’s Economic Strength
Omaha is one of the most favorable cities in the nation to operate. The numbers speak for themselves
Contact Us
For more information, reach out to Alec Gorynski, SVP of Economic Development.
