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Economic & Community Development
NMDC provides a wide range of services to both businesses and communities to stimulate economic growth and expansion. Our professional staff regularly works with representatives from member communities on a variety of planning, financial and infrastructure projects.
NMDC is committed to working with member communities to attract and retain businesses in the area to foster long-term sustainable economic growth for the region. We offer a variety of programs and services to communities and businesses.
Business Attraction Services for Communities
- Develop strategies to attract business
- Assistance with obtaining funding for infrastructure projects necessary to attract various businesses
- Develop strategies to foster overall community and economic development
Business Attraction Services for Businesses
- Incentives & Financing
- Site Location
- Labor Market Information
Financing & Tax Incentives
NMDC can assist communities and businesses with a variety of programs to help attract and retain businesses. Some of the financial and tax incentive programs that we can assist with include:
- Commercial and Small Business Loans
- Employment Tax Increment Financing (ETIF)
- Tax Increment Financing (TIF)
- Governor's Training Initiative (GTI)
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