Investor Benefits

Benefits of investing in economic development

We are a catalyst for our region’s business growth and prosperity.

Your investment supports our efforts to grow and diversify the economy in Cass County, N.D. and Clay County, Minn.

150 BRE Visits – To understand our market.
Each year, we visit with more than 150 primary-sector companies through our Business Retention and Expansion (BRE) We meet with senior management to get a pulse on the companies, their challenges and opportunities. We’ve connected companies to incentives and resources that have helped to streamline their processes and have helped with expansion efforts.

Workforce Development Initiatives
Through our BRE Program, we have identified “Workforce Development” as one of the top challenges to growth and expansion.
In response to the workforce issues the EDC has reorganized and created a significant number of programs and initiatives to address these concerns.

Education Collaboration for economic growth.
We collaborate with local universities, colleges and K-12 schools. Programs we’ve partnered on include Education that Works, Job Shadowing, Manufacturing Tours, Teachers and Professors in Industry. These programs help align curriculum with industry needs. The EDC has also been the leader in bringing education and industry together in Sector Summits which allows key industry leaders and educators to work one on one to ensure a continuing pipeline of well-trained and educated talent.

Entrepreneurial support. Growing…one business at a time.
We support the local entrepreneurial community. We support events like TEDxFargo, 1 Million Cups, Startup Weekend Fargo, Startup Drinks, the Prairie Den Coworking Space, E-Commerce Breakfasts, and the occasional Hack-a-thon (and many more). Our goal is to support business growth internally. In a nutshell, we support job and wealth creation. That creates community vitality.

Business attraction efforts.
We work diligently to attract new businesses that fit within our targeted industries. As outlined in our revised Strategic Plan (finalized in 2014), we focus on specific sectors that complement our community without creating undue burdens on our local businesses. Our four main targeted areas are: IT software, embedded technology, precision agriculture and unmanned aerial systems (drones).

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