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Business Assistance

To request more information about local and state businesses assistance programs, call the Limestone County Economic Development Association at 256-232-2386.

Site Preparation Grants (Industrial Development Grants)
Grant money is available to approved economic and industrial development organizations to help offset site preparation costs for property owned or leased by these organizations. The grants are intended to help new industries get established within Limestone County and provide assistance to expanding industries within the county.

To qualify, the investing company must be:
  • Headquarters for a national, regional or state investing company
  • A process or treatment facility which recycles, reclaims or converts materials to a reusable product.
  • An industrial, warehousing or research activity meaning any trade or business falling in the Standard Industrial Code classifications Major Groups 20 through 39, Major Groups 50 and 51, Industrial group 737, and Industry Numbers 0724, 8731, 8733 and 8734.

Grant Amounts
Capital Costs Size of Grant
% of Project Cost or Limit
Less than $200,000 5%
$200,000- $499,999 3.5% (minimum $10,000)
$500,000- $999,999 2.5% (minimum $20,000)
$1,000,000- $1,999,999 1.5% (minimum $28,000)
$2,000,000- $9,999,999 1% (minimum $32,000)
$10,000,000- $24,999,999 .75% (minimum $100,000; maximum $150,000)
$25,000,000 or greater Maximum $150,000

Industrial Access Road and Bridge Program
Funding for road improvements, including the construction of new roads and bridges, is available through the Alabama Department of Transportation (ALDOT). The funding is provided to the city or county. Click here to visit the ALDOT website.

Industrial Revenue Bonds (IRBs)
Industrial Revenue Bonds are available to qualifying companies through the Limestone County Economic Development Association. IRBs help provide funding to new and expanding businesses to be used for costs such as land, buildings, and equipment.

USDA Rural Development
Funding, including grants and loans, may be available to businesses through the US Department of Agriculture (USDA). The USDA also provides technical and business support programs. Click here to visit the USDA website.