Best State To Raise a Family
(WalletHub, 1st in 2020; 2nd in 2021)
1 Dec 2023
News
“Fairmont, MN, has several great incentives that are helping local businesses in the area succeed here. We urge business owners and site selectors to reach out to the Fairmont Economic Development Authority (FEDA) for assistance in regards to figuring out which incentives they may be eligible to benefit from,” said Ned Koppen, Economic Development Coordinator of FEDA. The FEDA website also contains a list of incentives that are offered to businesses in the area.
Fairmont’s City Revolving Fund provides reduced interest rate loans which are given to businesses for expansion projects. The Demolition Program offers financial assistance to owners, developers, and contractors to demolish irreparable residential and commercial structures. The Micro Loan Program is offered to established small businesses in Fairmont, as well as start-ups, that want to improve their infrastructures. Click here to learn more about all of the incentives the city of Fairmont has to offer your business today!
Best State To Raise a Family
(WalletHub, 1st in 2020; 2nd in 2021)
in Voter Participation
(U.S. Elections Project, 2020)
Best State for Women and for Working Moms and Dads
(Wallethub, 2020)
in Volunteering
(Corporation for National and Community Service)
in Child Well-Being
(Kids Count Report, 2021)
in Healthy People
(2021 Camelot Index)