Return to the Economic Development Index
All community wide financial assistance to business is based on a case by case basis.
Fairmont has been aggressive in helping to assist its business community grow. Currently, there are 21 active Tax Increment Financing (TIF) projects. These projects have ranged from large 80,000 square foot industrial expansions, to downtown redevelopment to warehouse and distribution a $1.1 million 225,000 square foot commercial and retail mall redevelopment, a 28,000 square foot professional center with out-patient surgery available and a $75 Million soybean processing plant.
The City operates a $1.3 Million Revolving Loan Fund. At the present time funds are available for individual projects.
The City owns Industrial Park real estate with many different options available for land acquisition.
Below is a listing of the numerous programs available to improve Fairmont's business climate and make investment profitable for your business and the community.