Business Incentives

Greater Bemidji is your one-stop-shop for financing and incentives for locating in our region. There are many programs available. We have listed several below to give you a sense, but don’t go at it alone. Call Greater Bemidji at 218-444-5757 and we will navigate the programs with you!

Local Government Resources

Several local and regional entities provide economic development financing for new and expanding companies in the region:

In addition, the following have been accessed by the City of Bemidji in support of development in the city. Both provide a means to write down land cost and pay for site improvements as well as public infrastructure required for a development:

  • Tax Increment Financing
  • Tax Abatement

Minnesota Business Financing & Loan Programs

The Minnesota Department of Employment and Economic Development (Minnesota DEED) offers numerous financing programs designed to help Greater MSP companies retain jobs or create new jobs:

Workforce Training Grants & Programs

The Minnesota Jobs Skills Partnership works with businesses and schools to train or retrain workers, expand opportunities, and keep high-quality jobs in the region. Grants of up to $400,000 are awarded to educational institutions that partner with the region’s businesses to develop job training or retraining.     

Economic Gardening Grant

Are you a company with $1 Million in revenue looking for customized information and guidance to help your company grow?  Apply for an Economic Gardening grant and open up the possibilities. More information is available here.