The office of Business Assistance leads Elevate GP and the regional business outreach and assistance efforts in collaboration with partner organizations and communities.
Foreign Trade Zones (FTZ) have been an important tool to control tariff payments, provide flexibility, and improve cash flow for companies reconsidering their global supply chains due to tariffs and the COVID-19 pandemic. Foreign-Trade Zone #114 encourages international trade, allowing for efficiencies and cost savings from the deferral, reduction, and/or elimination of customs duties on imports and exports. We can quickly bring FTZ designation to any existing or new company within our 24-county central Illinois service area.
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