Incentives and Services Available

Facilitate Business Expansion -NUEDC will assist expanding, relocating or new businesses in accessing the appropriate incentives, financing, information, services or programs. Our focus is to serve as YOUR advocate during your development process.

o JOBZ Tax Free Zones
o Build to suit for manufacturing companies with job growth potential
o Tax Increment Financing
o Local Revolving Loan Programs offering junior loans
o Business advocacy to governmental units
o Business start up assistance


Site Selection Support - NUEDC will perform a custom site search, or use our on line inventory of available land and buildings (it is updated regularly). (Available Sites)

o NUEDC owned Airport Industrial Park. Located in a JOBZ Tax Free Zone. Flexible lots sizes. 3 to 30 acres
o Other Available Commercial or Industrial Land
o Available Industrial Buildings
o Available Commercial Buildings


Financial Packaging - NUEDC will assist in developing financial packages, working in conjunction with local banks. NUEDC also offers:

o Assistance in accessing local, regional or State revolving loan funds
o Assistance in preparing SBA loan applications
o Assistance in preparing business plans and financial projections


Access To Information - NUEDC can provide your business with the information you need to make an informed decision. For example:

o Labor market data of all kinds
o Market research
o Community Profile
o Manufacturer’s Directory
o Suppliers and vendors lists
o Technology transfers


For more information call the New Ulm Economic Development Corporation at (507) 233-4305, or (507) 276-9729 or e-mail: nuedc@newulmtel.net .