Help when you need it.
The Montgomery County Business Development Center (MCBDC) links relocating and existing businesses with a broad spectrum of resources to help them succeed. Our team is prepared to assist with financial incentives, land acquisition, and recruitment. Time is money, and the MCBDC prides itself on working closely with companies on permitting and other critical aspects of the development process to ensure greatest possible efficiency.
Montgomery County can help your business grow with a series of generous incentives, including low-interest bonds, exemptions and abatement programs offered by the county Industrial Development Agency (MCIDA) and Capital Resources Corp.
We help businesses grow
Tax-Exempt and Taxable Bonds
Fund most or all project costs with this incentive. The MCIDA makes low-interest industrial revenue bonds (IRBs) available to qualifying manufacturers. These bonds encourage lenders to provide project financing at interest rates below market and apply to the cost of land, buildings and equipment.
Real Property Tax Abatement
Collaborate with the Montgomery County Industrial Development Agency (MCIDA) to negotiate payments in lieu of taxes (PILOTs) on real property.
Sales and Use Tax Exemption
Benefit from tax exemptions of up to 8 percent on non-production equipment and construction materials.
Mortgage Recording Exemption
Finance a mortgage with a tax exemption of 3 to 4 percent on the amount financed.
Revolving Loan Funds
Community Development Fund
Relocate or expand your business with a commitment to adding or retaining jobs. Montgomery County’s Community Development Fund offers low-interest loans for real estate acquisition, working capital, construction costs, machinery and equipment purchases.
Rural Business Enterprise Revolving Loan Fund
Take advantage of low-interest federal loans from the U.S. Department of Agriculture. The Rural Business Enterprise Revolving Loan fund assists with real estate acquisition, working capital, construction as well as machinery and equipment purchase.