Moorhead leaders praise West Central Initiative for economic development collaboration

The City of Moorhead Economic Development Authority convened on July 7, 2025, to discuss ongoing partnerships and initiatives aimed at enhancing economic growth in the region. The meeting highlighted the collaborative efforts between the City of Moorhead and the West Central Initiative, emphasizing the importance of gap financing tools that support local businesses.

Derek, a commissioner, expressed gratitude for the partnership with West Central Initiative, noting the significant impact of over $500,000 allocated to projects along Center Avenue, including three developments within the Center Mall district. He acknowledged the challenges posed by state eligibility parameters for grants but reaffirmed the commitment to assist local businesses in accessing available funding.

The meeting also featured discussions on the Promise Grant, with ongoing collaboration with Greg to refine the application language. Derek mentioned the quarterly economic development professionals meetings, which have resumed this year, allowing leaders from various counties to share insights on trends, opportunities, and challenges in economic development. He highlighted a recent meeting co-hosted in Fergus, where developers discussed their needs for clarity and timely project execution.

The importance of Moorhead's leadership in strengthening the region was underscored, with appreciation expressed for the expertise and guidance provided to neighboring communities. The meeting concluded with a collective acknowledgment of the value of regional collaboration in fostering economic development and enhancing project opportunities across the area.