Economic Development is the art of creating an area enticing enough to be a business location balanced with a financial package that will benefit the business as well as the area itself. Business development works best when it is in association with community development and we have it together in Devils Lake. The Lake Region has available space, quality employees and above all, it is a safe area to raise a family.

Entrepreneurs are appreciated in the Lake Region and we are experienced in assisting business start-ups as well as business expansions. Could you be the next success story in the Lake Region?

Welcome to Devils Lake, North Dakota! We are an area that is rich in culture, beauty and economic opportunity. A pristine place full of people trained to assist you in starting, expanding or relocating your business and waiting to welcome your family to our safe neighborhoods!

The Forward Devils Lake Development Corporation is the public/private non-profit organization that is responsible for assisting in start-up, relocation and expansion of businesses in the Devils Lake Area.

We invite you to peruse our website for an introduction to the Devils Lake area and business information.

Bring your wind project or manufacturing facility to Devils Lake, North Dakota!

Devils Lake is prepared to be aggressive, and offer wind energy component manufacturers amenities that no other place can offer. We offer financial assistance, incentives, and the qualified workforce to make your company a success. We have land available at no cost, and build to suit financing to qualified companies.

North Dakota has long been recognized as having one of the most productive workforces in the nation; one of the finest assets the Devils Lake Area has to offer is our dedicated workforce.

We are rich in culture, beauty, and economic opportunity. A pristine place of people trained to assist you in expanding or relocating your business. Devils Lake Development Corporation is a public/private organization that promotes and assists in the start-up, relocation, and expansion of businesses in the Devils Lake region.

North Dakota is often called “The Saudi Arabia of wind power in the USA.” One of 10 states with substantial wind power capability, North Dakota could readily accommodate 2,000 large commercial-scale turbines generating over 4,000 megawatts of electrical power. And, as turbine designs become more efficient and electric transmission grids are modernized, North Dakota’s powerful and persistent winds have the potential to produce vast amounts of power.

Devils Lake Region State College: Lake Region State College anticipated the emergence of this workforce need, and a wind turbine technician program is in place. A turbine technician combines working knowledge of mechanics, hydraulics, meteorology, composites, and computer science when servicing and maintaining large, commercial-scale turbines.

Incentives

Forward Devils Lake is very flexible with the incentives we have available. Below is a preliminary list of our financial incentives.

Forward Devils Lake will provide you with the land needed at no cost. We are also prepared to provide the infrastructure (water and Sewer) needed to the site at no cost.
Property tax exemption
Training in a 13,500 square foot building free of charge to use while your current facility is under construction.
Work opportunity tax credit available in Devils Lake, and Ramsey County. $2,400.00 per employee. Ages 18-39 are eligible
Forward Devils Lake is prepared to be aggressive and offer you amenities that no other place can offer. We have the land, financial assistance, and the qualified workforce needed to make your company a success
Forward Devils Lake is willing to do whatever we can to make your company a reality, and we will use all of our resources available to make the most attractive offer possible.
Forward Devils Lake: A public/private non-profit organization that is responsible for relocation and expansion services to new and existing primary sector businesses. Please contact us for a proposal for your new facility.
Additional State Incentives: North Dakota's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment. Specific programs include the Community Expansion (PACE) Program, MATCH program, Flex PACE program and the Development Fund
Industrial development bonds: Cities and counties issue tax-exempt industrial development bonds to provide financing for land, buildings, and equipment to businesses. Interest rates are negotiated with the lender. Bond terms are up to 40 years. Bonds issued to build a project are exempt from all state and local taxes with the exception of transfer, estate, and inheritance taxes. Principal and interest may be guaranteed by the state.