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Economic Development

The Owen County Economic Development Corporation works hand-in-hand with the Chamber of Commerce to facilitate growth and improvement within Owen County. Together they promote the interests of businesses in their day to day operations, and focus on longer-term economic growth.

What We Do

BUSINESS MENTORING – Business Mentoring is a program offering business start-up consultation or organizational assistance for existing businesses. The Owen County Chamber of Commerce offers First Steps, Next Steps, and Business Buildout.

  • First Steps is a program that makes sure you have all the essential to help you take the first steps in starting your business.

  • Next Steps program offers business owners one on one counseling and the specific components necessary to scale up and own what's next.

  • Business Buildout program is when companies need to transform their business. It takes the right people, applying the right process, and using the right data, and solutions to achieve success. The OCCC will work side by side with your internal teams over a four-month period to make sure your vision and goals have a clear plan to make it happen.

Revolving Loan Fund – Our revolving loan fund can provide low-interest loans of up to $25,000 for start-up or expansion toward equipment, machinery, fixed assets, or structure construction for small businesses in Owen County.

Tax Abatements – The O.C.E.D.C. can assist you in applying for a tax abatement for a new business or an existing business wanting to expand. Depending on the economic impact your project will have on the local economy, this abatement can be up to 10 years in term.

Government Liaison – The O.C.E.D.C. will act as an emissary between local and state government and your business, promoting partnership and a common vision.

Business Retention & Expansion – Our BR&E (Business Retention & Expansion) Taskforce is constantly working with local businesses to define and address their needs to ensure their success. Special attention is given to small businesses that employ between 2-99 employees.

what we do
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