Grand Forks Region Economic Development Corporation

In the season of gratitude, we're grateful for our investors who believe in making the Grand Forks region the best it can be! The EDC is a 501(C)(6) non-profit organization. The two largest investors are the City of Grand Forks and Grand Forks County. Additionally, over 140 organizations invest in and support the work of the EDC. Thank you to our investors for your continued support! Together, we work to make the Grand Forks region the best it can be. A full list of investors is available here: https://lnkd.in/gCwS4c4c

Congratulations to Acme Tools for receiving approval for a FlexPACE loan through the Jobs Development Authority and Bank of North Dakota! Acme is investing in software to enhance its ability to manage its robust e-commerce platform and order lifecycle.

Manufacturing companies can increase efficiency and save money in the Grand Forks region with a 20% credit on the cost of machinery and equipment with the automation tax credit. Applications for the tax credit for machinery purchases in 2024 are due for the program by January 31st, 2025 at 5 pm. Photo of Integrated Steel Solutions, Inc. https://lnkd.in/gS5vKCCq

??We're hiring a Marketing & Communications Intern! ??Target start date of January 13, 2025 ?15-20 hours per week ??$15/hour ??Apply by December 2, 2024 To learn more about the position, including application instructions, visit: grandforks.org/careers

Forbes Advisor named North Dakota the top state to start a business in 2024, maintaining the top position from 2023! The ranking takes multiple factors into account, from: ??formation fee ($135) ??business survival rate (77%) ???cost of living index (0.94) ??population within the working age (64%) The Grand Forks region is a great place to start a business. The EDC is here to provide support! https://lnkd.in/eXJbyhN4

Biomedical companies can unlock collaborative potential in Grand Forks with easy access to industry partnerships and innovation through the SHIC | Senior Healthcare Innovation Consortium, and the Bioscience Association of North Dakota (BioND). Discover how you can find success in the region: https://lnkd.in/g8ZQxpVB

Congratulations to Minnesota's Number 1 Top Community College, Northland Community and Technical College, which has a home in the Grand Forks Region! The ranking is according to WalletHub, which ranked NCTC as number 18 nationwide. NCTC has two campuses, one in Thief River Falls and one in East Grand Forks. The college plays an important role in training and preparing the workforce for open careers in the Grand Forks region that support key industries like UAS, agribusiness, and manufacturing. https://lnkd.in/gPbTTfqH

Pretty crazy to think this program created in lil’ ol’ Grand Forks has become a national award-winning best practice. Sona and Amanda from Center for Innovation co-presented with me at GCEC Conference about the power of InternGF and its impact on Startups.

Meet Kevin Hatcher, EDC Business Development Manager! Kevin supports primary sector businesses in the region through retention and attraction initiatives. Outside of work, you can find Kevin with his family. Want to learn more about the business support programs available in the Grand Forks region? Reach out to Kevin! [email protected]

Expanding businesses can easily access water in the Grand Forks region with over 80% of the permitted water capacity available. With water availability an important component of operations, the Red River Valley Water Supply Project is working to connect a water pipeline from the Missouri River to the Red River Basin to ensure that water will be available to central and eastern North Dakota if there is a mild or severe drought. The pipeline will be 72 inches in diameter and 125 miles in length from the McClusky Canal to the discharge at the Sheyenne River and will run along Highway 200 in central North Dakota. The funding for the project is split between the state and local entities. Of the estimated cost of $1.2 billion, 75% will be paid by the state from biennium to biennium. 25% will be split between the local entities, with Grand Forks and Fargo covering about 82%. The project has a large economic impact, ensuring that Grand Forks will continue operating in times of drought. https://lnkd.in/gNyJECA3