Business Incentives
Incentives, financing & capital to help your business grow
Business
A Toolbox to Support Business Growth
Doing business in the Fargo-Moorhead region connects you to a myriad of business incentives and programs designed to enable growth, support capital investment and enhance ROI.
Take a look at the many programs here or reach out to us to visit about your plans, needs and goals.
Tax Exemptions & Credits
At both state and local levels, you’ll find a wide variety of tax exemptions and tax credit programs to aid in the various stages of growing and investing in your business. Some examples of tax saving opportunities include:
- Tax Exemptions
- Sales Tax Exemptions
- Automation Investments
- R&D
- Angel and Seed Capital Investments
Let’s start with North Dakota which has the only state-owned bank in the nation. Bank of North Dakota takes a unique approach to assisting businesses by joining private and public resources.
Both North Dakota and Minnesota offer plenty of financing options to support your venture.
Including The Following:
- MATCH Program
- PACE Program
- New Venture Capital Fund
- Beginning Entrepreneur Loan Guarantee Program
- Business Development Loan Program
- Value-Added Agricultural Equity Loan Program
Risk Capital
Access to risk capital continues to get better and better in Fargo Moorhead, through the creation of new state programs as well as the strengthening of our regional and national network of angel investors and venture capitalists.
Compared to many other markets, public and private leaders are remarkably accessible in the greater metro.
In addition, angels that invest in local companies benefit from income tax credits in both Minnesota and North Dakota, helping to mitigate the risk that is inherent in investing in startups.
- Pre-seed to Series A Funding
- Innovation Grants
- Private Capital Tax Credits
Available Sites/Commercial Real Estate
The Fargo Moorhead region is home to a number of industrial parks, greenfield sites, office parks of varying sizes and stand-alone professional buildings. Our real estate database regularly consists of approximately 500 sites and buildings.
Workforce Incentives & Programs
Both Minnesota and North Dakota offer strong programs that can assist with workforce development, translating into a stronger bottom line.
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Make An Informed Decision
GFMEDC staff is here to help you learn and make an informed decision. Our team is here to learn about your stage, plans, needs and goals, to assess which programs best align and how to take the next steps towards factoring in these programs to your growth plans.
