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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Amount

Resource Provider
The Forman Community Development Corporation is focused on assisting new business owners with financing for start up or existing businesses or entities with expanding and upgrading their businesses.
Resource Type
Loan
Location
58013, 58017, 58032, 58040, 58043, 58060, 58067, 58069
Purpose
Equipment, Real Estate, Renovation to Real Estate, Working Capital
Industry
Agriculture, Childcare, Communications, Communities, Construction, Energy, Ethanol, Exporting, Finance, Food Service, Healthcare, High Growth, Hospitality, Information Technology, Manufacturing, Other, Primary Sector, Professional Services, Real Estate, Retail, Tourism, Transportation, Utilities, Value-Added
Business Stage
Existing Business, New Business
Deadline
Contact
Nathan Schlecth
(701) 724-6222

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