Economic Development

Ideally positioned near the Quad Cities, with easy access to major highways and the Mississippi river, Aledo offers great opportunities for new business development. The City of Aledo is committed to creating a collaborative business environment; one that promotes opportunity for business growth and development, while strengthening our community through additional employment opportunities and a greater selection of businesses and services.

Purpose


The primary purpose of the City of Aledo's Economic Development Department centers on the following areas:
  • Coordination of business support services
  • Increase local tax revenues through expansion of the community's economic base
  • Job retention and creation
  • Retention and recruitment of new industrial and commercial businesses

Responsibilities


This Economic Development Department is responsible for a broad array of economic development activities including:
  • Development of a comprehensive plan to grow and strengthen the community of Aledo
  • Oversight of various economic incentives including the Revolving Loan Fund (RLF) and tax increment financing (TIF)
  • Partner with various state agencies, regional business organizations and educational institutions to coordinate available funding, training and business services to insure that the local business community has access to resources that support continued growth and development.
  • Promotion of available commercial and industrial space to the business and real estate communities

Business Development Resources


If you are interested in opening a business in the City of Aledo, there are several sources you can reference to assist you in navigating the various steps necessary in opening a new business. Resources include: