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"

Unlock More Info

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
58013, 58017, 58032, 58040, 58043, 58060, 58067, 58069
Equipment, Real Estate, Renovation to Real Estate, Working Capital
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
Nathan Schlecth
(701) 724-6222

Share This

Need help finding your program editor? Email

Similar programs to consider

Find a Program
  • Angel Match Program

    The AMP will match any convertible debt or direct equity investment into a primary sector company headquartered in ND up to $250,000. The AMP must receive the same terms as the matched investment. The matched investment must be a private source of capital.

    View Program
  • Growth Fund

    The Growth Fund program was established in 2021 with levied funding from the Mountrail County Commission. The Growth Fund enhances the county’s financial toolbox to serve new and existing businesses needing access to capital.

    View Program
  • Horizon Grant

    The Horizon Grant program was established in 2021 with funding from the Mountrail County Commission. The JDA Board of Directors will establish funding priorities annually. See program policy for more information.

    View Program