The GreatRate program provides businesses with an interest subsidy paid on a fixed rate loan or a lease used to purchase machinery or equipment of at least $50,000 in return for job creation.

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The GreatRebate program provides businesses a rebate on equipment purchases of at least $50,000 if the company purchases the equipment with cash and meets it job creation requirement.

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The EquiPlus program is a simplified application process that allows companies to receive benefits from both the Monroe County Industrial Development Corporation (MCIDC) and COMIDA. Companies that receive benefits through GreatRate or GreatRebate programs for the purchase of equipment may be eligible for a sales tax exemption on the equipment purchase.

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The Monroe Manufacturing Rewards Program, administered by the Monroe County Industrial Development Corporation (MCIDC), provides small manufacturing businesses with a rebate on qualified manufacturing equipment purchases.

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