Our economic development team specializes in helping you find a site or facility that meets your needs. Because we work directly with communities within our service area in their economic development efforts, we can provide you with current information concerning the local and state business climate, key contacts, utilities, labor availability, industry and educational partners, financing and business assistance and more.

The experienced economic development team at Minnkota Power Cooperative can assist you in developing a financial package to elevate your business or work through that relocation. Our partners offer financing options for all stages and types of business including local, state and federal programs. We work hard to cultivate ongoing relationships with area financial institutions as well, to ensure our clients can be paired with an institution that is supportive of their business.

In North Dakota, The Bank of North Dakota (BND) plays a pivotal role in fostering economic growth and stability within the state. As the nation's only state-owned bank, it serves as a reliable financial backbone for businesses of all sizes, offering very attractive low-interest loans, financial expertise and innovative banking services tailored to the unique needs of North Dakota's economy. By providing accessible capital to local businesses, BND stimulates entrepreneurship, encourages job creation and bolsters economic resilience. Moreover, its emphasis on community development initiatives ensures that economic benefits are distributed equitably across the state, supporting rural and urban areas alike. Through strategic investments and partnerships, the Bank of North Dakota continues to be a driving force behind the state's economic prosperity, positioning North Dakota as a beacon of financial innovation and opportunity.

All services are provided free and remain confidential.