Apr. 23—EAST GRAND FORKS — The East Grand Forks Economic Development Authority is the recipient of a $1,500 grant from the Minnesota Business Finance Corp.
The grant will go toward a new program to help the EDA track business incentives, development projects, available properties and more, according to Economic Development Director Maggie Brockling.
“Our EDA budget is limited so this grant is incredibly appreciated,” Brockling said in a statement.
MBFC is a nonprofit licensed by the U.S. Small Business Administration as a certified development company and serves Minnesota, North Dakota, and Wisconsin along with portions of South Dakota and Iowa.
In a statement, MBFC Vice President for Business Development Mike Stearns said he is excited to see the East Grand Forks EDA “further improve their ability to better serve the businesses in the EGF community.”