Tracy Economic Development in Tracy Minnesota

Address and phone number for Tracy Economic Development, an Economic Development Agency, at Morgan Street, Tracy MN.

Tracy Economic Development
372 Morgan Street, Tracy, Minnesota, 56175

About the Tracy Economic Development

The Tracy Economic Development, located in Tracy, MN, is a government agency that promotes business activity and development in the Lyon County area. The Economic Development Agency (EDA) attracts and retains business, promotes development to increase employment and the tax base, and encourages a thriving economic environment in Tracy. The EDA also offers small business support programs and land development programs.

You may contact the Economic Development Office for questions about:
  • Tracy Economic Development programs and services
  • City and community development
  • Job creation, training, and workforce development
  • Lyon County Economic Development funds
  • EDA grants and funding
Tracy Business and Workforce Development

The Economic Development Office promotes the Lyon County area for business development, highlighting Tracy as a favorable location to do business. The EDA works closely with Lyon County Chambers of Commerce and business groups to market the region for business development. To promote business, the EDA creates marketing materials, creates promotional advertising, and organizes Lyon County business expos. In addition to business development, the Economic Development Office promotes workforce development through job creation programs and training opportunities.

Land Development Programs in Tracy, MN

In Tracy, the Economic Development Center seeks developers for undeveloped land or areas in need of redevelopment. They market development opportunities and identify obstacles to development, such as site contamination or a lack of funding. The Tracy Economic Development maintains an inventory of available commercial land and commercial building space in Tracy to match developers, landlords, and business owners with prime locations.

Small Business Support Programs

As part of its business development agenda, the Economic Development Agency offers small business support programs. These programs provide ombudsmen services, support small businesses with licensing and Lyon County permitting requirements, and connect small businesses with bidding opportunities for government contracts.

Economic Development Grants & Loans

The Economic Development Office administers Lyon County grants and loans. These include Brownfield Redevelopment grants, facade improvement grants, and Lyon County public improvement grants. Businesses can also qualify for Lyon County loan programs, often with below-market interest rates and less stringent credit requirements than business loans from traditional financing institutions.

Lyon County Tax Incentives

In Minnesota, the Economic Development Corporation administers tax incentives for businesses that expand or relocate within the jurisdiction. Funding for tax incentives may come from the Minnesota state level, the Lyon County level, or the Tracy level. The Economic Development Office offers tax incentives or tax abatements on the theory that new businesses or expanding businesses generate job opportunities in Lyon County and thus increase the tax base.

Contact the Tracy Economic Development

You may contact the Tracy Economic Development by calling 507-629-5540, or by addressing inquiries to the office mailing address: Tracy Economic Development, 372 Morgan Street, Tracy, Minnesota, 56175.

Map of Tracy Economic Development in Tracy Minnesota

Economic Development Agencies Nearby

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Windom Economic Development
Pipestone County Economic Development
Granite Falls Economic Development
Brown County Economic Development