• grand rapids mn 01

    Abundant cultural, performing arts and recreational opportunities.

  • grand rapids mn 02

    A qualified and dependable workforce with very low turnover rates and greater
    than average levels of educational attainment.

  • grand rapids mn 03

    Superior technology infrastructure available, with fiber to the home. 10 to 25 Mbps uploading
    and downloading speeds - local/wide area networking speeds of up to 200 Mbps.

  • grand rapids mn 04

    Outstanding, modern, educational programs and facilities.

  • grand rapids mn 05

    Grand Rapids is an expanding regional health care and shopping destination (2007 per capita
    gross retail sales = $47,500, general merchandise pull factors indicate a customer population of over 48,000).

  • swangroundbreaking3

    Groundbreaking: Airport South Industrial Park groundbreaking for Swan Machine (Fall 2016).

grand rapids mn logo

WELCOME

Set apart by a progressive attitude and abundant resources, Grand Rapids, MN is the emerging economic focus of Northcentral Minnesota. With significant increases in area employment expected over the next few years, as large projects in development come on-line, Grand Rapids is actively seeking new business and housing partners, as well as assisting the growth of existing enterprises. We hope that your visit to this site is the beginning or renewal of our partnership.

DEVELOPMENT NEWS

Local Incentives


 In addition to the many grant and loan programs, obtainable through state, federal and non-profit agencies which GREDA will pursue on your behalf, GREDA and the City of Grand Rapids offer a variety of local incentives to qualified businesses. GREDA Staff is available to confidentially discuss any of these and other programs to determine if they match your business needs. Some of the local incentives offered by GREDA and the City are listed as follows:

Commercial Building Improvement Loan Program (CBIL)

GREDA administers the CBIL Program, a revolving loan fund providing below market rate loans of up to $40,000 to qualified businesses interested in making improvements or additions to their building, or are planning new business construction. To lessen the initial financial burden to a business, Program loans are amortized at an interest rate of 4% over a 20 year period with a 5 year balloon. For additional CBIL information or to download an application form, select below.

CBIL Program Guidelines

CBIL Application

1000 Lakes front

1,000 Lakes Sporting Goods
331 NW 4th Street, Grand Rapids, MN

         

Rowe

Rowe Funeral Home
510 NW 1st Avenue, Grand Rapids, MN

 

© 2014 City of Grand Rapids Ecomomomic Development Authority. All rights reserved.

  • grand rapids mn 01

    Abundant cultural, performing arts and recreational opportunities.

  • grand rapids mn 02

    A qualified and dependable workforce with very low turnover rates and greater
    than average levels of educational attainment.

  • grand rapids mn 03

    Superior technology infrastructure available, with fiber to the home. 10 to 25 Mbps uploading
    and downloading speeds - local/wide area networking speeds of up to 200 Mbps.

  • grand rapids mn 04

    Outstanding, modern, educational programs and facilities.

  • grand rapids mn 05

    Grand Rapids is an expanding regional health care and shopping destination (2007 per capita
    gross retail sales = $47,500, general merchandise pull factors indicate a customer population of over 48,000).

  • swangroundbreaking3

    Groundbreaking: Airport South Industrial Park groundbreaking for Swan Machine (Fall 2016).