We work hard to make sure your new or existing business will do more than survive here in Monmouth--we want you to thrive! To that end, we have a number of tools available to help you get your business started or take your existing business to the next level. Please contact us and we'll discuss how to help you become another Monmouth success story.
Economic Incentives
Enterprise Zone
The city administers the Enterprise Zone which is a program designed to stimulate economic growth and neighborhood revitalization. Incentive package includes special financing options, tax credits and reduced fees to name a few.
A loan program administered by the city and governed by an independent board of directors provides financial assistance to new or expanding businesses in Monmouth to secure public benefit for the residents of Monmouth by developing a stronger economic base and expanded job opportunities.
A collaborative effort between the City of Monmouth and the Monmouth Area Chamber of Commerce to provide special financing as an incentive to improve the appearance of the downtown business district. For every dollar invested by the business, the program will finance two dollars at a rate of 3% interest. Eligible projects must be exterior improvements to existing structures.