News and Media

If you are a business owner in Jacksonville, Illinois, you need to know about Enterprise Zones (EZs) or you may be leaving money on the table. Many people are unaware they qualify for tax abatements. In the broadest terms, EZs are geographic areas in which companies can qualify for a variety of benefits. The intent is to encourage businesses to stay, locate or expand in an EZ to catalyze community revitalization.  A misconception hindering the utilization of EZs is that the benefits are only for new projects and expansions. However, remodeling and repurposing endeavors can also be eligible...

The Jacksonville Regional Economic Development Corporation (JREDC) is nearing the end of a successful five-year investment campaign. It’s through the generous financial contributions of our investors that JREDC is able to progress its mission to create, expand, recruit and retain job opportunities for Morgan and Scott Counties.  Through the investor campaign, seven new investors have been added to the “family,” and current investments surpass 2022 totals by more than $16,000. Eleven continuing investors increased their investment amounts. “As we near the end of our five-year investment campaign, I am encouraged by the continued and increased support of our...