In addition to having friendly people, our community is known to be business-friendly, too. To ensure this, the primary goal at the Grand Forks Economic Development Corporation is to support and promote business development. You will have access to incentives, support programs and resources to help your business expansion or start-up succeed in the Greater Grand Forks region. The EDC will work closely with you to package your financing to ensure optimal support. It’s time to put North Dakota’s tax incentives and economic vitality to work for you.
EDA Revolving Loan Fund
MATCH Loan
North Dakota Development Fund
PACE Loan
Flex PACE
Corporate Income Tax
Computer Equipment
Manufacturing Equipment
Real Estate
Research Expense
Workforce Recruitment
New Jobs Training
Federal Programs
Entrepreneurs with an idea for a new business that’s not quite ready for conventional financing may qualify for seed funds that can provide the spark needed to jumpstart innovative ideas. The City of Grand Forks supports local business start ups in many ways. This innovative loan, which may be matched by the state-owned Bank of North Dakota, is the state’s first local entrepreneurial seed capital fund of its kind.
New Venture Capital Fund
Renaissance Zone
Red River Corridor Fund
Want to learn more about taxes and incentives in Grand Forks, ND? Reach out to our team for additional resources and answers to your questions.