Locating your Business in Sheboygan
The City of Sheboygan is an excellent place to live and do business. The City’s Economic Development Team provides specific services to assist you in locating a business here in Sheboygan.
Sheboygan has several programs aimed at attracting new business and economic development opportunities while retaining and improving strong business and the talented labor pool that already exist in our community. These programs include economic incentives in the form of loans and grants for certain areas, redevelopment assistance, and guidance through the development process.
At a minimum, these tools require developers to demonstrate the following:
- Project can qualify and demonstrate the need for public assistance
- Financial capacity sufficient to bring the project to fruition, if assisted
- Supports community development or economic development goals
- Sufficient experience and knowledge of the development process
- Approval of the governing body; either the Redevelopment Authority (RDA) or the Common Council
- Above average pay levels in jobs created
- Amplifies the City’s vision and mission
Current Programs Include:
- Economic Development Loan Program Manual
- Economic Development Loan Application
- Historic Preservation Research Grant Program
- Historic Preservation Construction Grant Program
Tax Incremental Financing:
- Active TIF Districts Map
- Project Plan Amendment TID 17
- Project Plan Amendment TID 18
- TID 21 Project Plan
- TID 22 Project Plan
- TID 23 Project Plan
- TID 24 Project Plan
- Tax Incremental Financing Application
Resources:
- Frequently Asked Questions TID
- What is a TIF?
- What is a TIF (Video)
- Department of Revenue TIF Resources
- TID Policy
Opportunity Zones
The Opportunity Zones incentive is a new community investment tool established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide. Opportunity Zones provide a tax incentive for investors to re-invest their unrealized capital gains into dedicated Opportunity Funds.
- Learn more about opportunity zones
- View a map of Sheboygan County’s opportunity zones
- Read the “Econ. Extra” report from May 16, 2019
Contact Reference:
Planning & Development
Development@sheboyganwi.gov
920-459-3377