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From country cafes to fine dining – and everything in between – Phelps County will delight your taste buds. You might expect to see some of the world’s best corn fed beef on the menu and you won’t be disappointed.

Helping Grow Opportunities in Phelps County

GO! BUSINESS: Help for every stage of small business. Click Here

  • Steps to Start Up Program
  • Building Improvement Program
  • Next Step Loan Program
  • Legacy Business Loan Program

GO! WORK: Training and retaining workforce to meet local employer needs. Click Here

  • High Demand Job Scholarship
  • Employee Training Grant Program

GO! BUILD: Encouraging local development and partnering to make it happen. Click Here

  • Permitting Assistance and Project Advocacy
  • Utility Development Assistance
  • Site Preparation Assistance
  • Infrastructure Development at Iron Horse Business & Industry Park

GO! DOWNTOWN: Continued revitalization and improvement efforts for our community cores.

  • First Impressions Grant Program
  • Downtown Living Loan Program 

GO! HOME: Welcoming new residents by opening doors of opportunity. Click Here

Incentives Directory



Revolving Loan Fund

The Phelps County Development Corporation has an $800,000 revolving loan fund. It is primarily used by existing businesses to grow or transition to a new owner, but it is also available for startups and businesses entering the Phelps County market.   Who qualifies? Businesses that reside in Phelps County and are in one


Category: Financing


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Building Improvement Program

Low interest gap financing, advocacy, and assistance for business owner renovation projects to buildings in need of significant updates for occupancy. Building must be owned by the applicant and intended for commercial use by the business applying. PCDC gap financing will amount to no more than 50% of the total project cost. Loan


Category: GO! Downtown, Financing, GO! Business


Business Relocation Incentives

The Phelps County Development Corporation (PCDC) offers incentives to businesses that can demonstrate a significant level of economic impact on the creation of new primary jobs. Jobs are considered "primary" when the goods or services manufactured or processed by Phelps County workers are exported and/or sold outside of Phelps County.   Although


Category: Incentives


Downtown Living Loan

Gap financing for downtown residential development will be provided by the Phelps County Development Corporation at low interest to support renovation of downtown spaces into market rate rental property that will diversify housing options while adding vitality to the downtown core. PCDC gap financing will amount to no more than 50%


Category: GO! Downtown, Financing


Employee Education Grants

Up to $200 per employee granted to Phelps County employers to train or retrain employees.


Category: GO! Work, Workforce Grant


First Impressions Grant

Grants are available to improve Phelps County buildings in need of exterior updates that would be aesthetically significant to the community’s first impression. (ie visible from major roads and intersections, in visible disrepair and/or eye sore for the community) Examples of eligible uses: Windows, boarded or replacement Paint Masonry or minor exterior repair Awning Lighting or


Category: GO! Downtown


High Demand Jobs Scholarship

The Phelps County Development Corporation, in partnership with the Phelps County Community Foundation, offers a High Demand Job Scholarship. The condition of this scholarship is that you return to Phelps County post education and fill one of our High Demand Jobs for a minimum of one year for every


Category: GO! Work


Legacy Business Loan

Long-term gap financing loans to facilitate ownership transition of existing businesses. (loan percentage is subject to adjustment based on market conditions.) Funds may be used for equipment, improvements, or purchase of a business but NOT working capital. Loan cannot exceed 50% of the total capital costs.


Category: GO! Business, Financing


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