Britton and Marshall County Individual Incentives
Financial incentives are also on a case-by-case basis in Britton and Marshall County.
Each of the GLAD communities has the power and propensity to adjust the property tax structure, the purchase price of property, and even a “build-to-suit” potential depending on the wants and needs of a potential company looking to start or expand.
- GLAD has a revolving loan fund that may be applied for in conjunction with other numerous resources that we have access to.
- The city of Britton has CD Pledge money with its Britton Economic Development (BED) Board.
- The cities of Langford, Veblen and Eden, through their Economic Development Corporations, have loan funds available.
- GLAD has access to numerous financial resources that can be packaged for financial assistance including all of our banks and credit union within the region, NESDEC, REED, the Governor’s Office of Economic Development (GOED), SBA money, and USDA Rural Development money. GLAD’s partnerships within the financial industry can bring the right lenders to the table and offer an attractive package with these experienced and knowledgeable partners.
Category: Local Incentives, Tax Incentives, Grants & Loans
More Local Incentives, Tax Incentives, Grants & Loans
The Aberdeen Development Corporation has business loan opportunities available through their revolving loan fund and forgivable loan program.Learn More
CITY OF CLEAR LAKE
The following discretionary formula is adopted for any new construction of residential structures, including any addition to or renovation of an existing structure in the City of Clear Lake with an assessed value of $30,000.00 or more pursuant to the following percentages of assessed value over a period of five years:
Amended Resolution No. 2010-8
Dated: August 9, 2010.
Following the recession of the early 1980s, the Future Fund was developed in 1987 with $1.8 million to invest in South Dakota’s workforce and build its economy. It helps to support the training of employees, retraining of employees during layoffs, business recruitment, and research and entrepreneurial activities. In 2011, $6,978,077 was awarded to 27 companies for these purposes, creating 1,335 jobs.Learn More
Low interest loans for businesses & communities for economic development
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