Business Development
Lewiston makes nurturing its business community a priority! The Lewiston Economic Development Authority administers a revolving loan fund and utilizes all available incentives to grow and invigorate the community. The city is also open to negotiating development packages to suit the needs of your business. Our commitment and vision to growth make us an exceptional community and our residents will gladly assist those who work toward growth.
Whether you are relocating, expanding, or starting a new enterprise, we have a number of programs and services to assist you. To businesses that show a commitment to Lewiston, we can offer:
- Business Assistance
- Access to the Revolving Loan Fund
- Tax Abatement
- Tax Increment Financing
- Facade Grant Program
- Financial Packaging
For more information, please contact the city at (507) 523-2257.
Economy and Workforce of Lewiston
Lewiston has a unique and highly skilled work-force. Many of our residents are highly skilled in industries such as agriculture, health care, plastic composite manufacturing, and hi-tech electronics manufacturing.
Located in the heart of the most fertile and productive farmland in America, agriculture is also a vital part of the local economy. Major employers in Lewiston include sales and marketing firms, semiconductor manufacturing, agricultural suppliers, and auto and truck sales.
Revolving Loan Fund
The Lewiston EDA has made available a revolving loan fund (RLF) to assist with the many needs of businesses in our community. RLF loans are a low interest “gap” financing tool that are to be used in conjunction with owner equity, other incentive programs, and/or traditional financing methods. Loan amounts can range from $2,500 to $50,000. Click the links below for program guidelines and application information:
Revolving Loan Fund Guidelines
Revolving Loan Fund Application
Business Plan Outline
Facade Grant Program
Contact your EDA for any questions or concerns! We will send you the forms and assist you with filling them out, if needed!