Business Incentives for City of Forman
"New Businesses Applicant can choose between the two incentive options below.
#1 Free water/sewer/garbage for one year and $200 after one year in business (Incentive only applies to base rate. All overages will be charged to the business) OR #2 $350 startup grant and $250 grant after first year open.
Expanding Business (Expansion must include physical expansion of property, extension of services or products offered, increase in employment opportunities, or a combination of these.) $500 grant for project
Business Enhancement (New signage, storefront improvements, renovations etc.) $100 grant for assistance with the improvements"
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Red River Corridor Fund
The RRCF identifies and invests in promising early-stage companies with innovative ideas and strong growth potential, providing them with the resources and mentorship needed to scale. We are focused on company in the unscrewed aerial systems (UAS), advanced air mobility (AAM), and AgTech industries.