IDE Cobol is RAD Environment to make applications using the older MS-Cobol 80. IDE Cobol is a freeware software. Was develop to academic use but could be used how as you want. Multi-language (Brazilian Portuguese and English).
Full Specifications
What's new in version 1.1
General
ReleaseNovember 7, 2008
Date AddedAugust 4, 2006
Version1.1
Operating Systems
Operating SystemsWindows 95, Windows 98, Windows Me, Windows, Windows NT