Faribault is not just a city, but it is also a supportive community, where government, industries, and other work together to help each other succeed. The key to successful economic development is levering our relationships with the multitude of partnerships. These partnerships help support our many business and industries both technically and financially. We value all of our corporate and public neighbors and their dedication to our community!
South Central CollegeSouth Central College (SCC) is a crucial partner in workforce development and attraction. As a leading institution in both credit and credential based learning, SCC has developed relationships with most all local employers to develop customized training initiatives that directly support the local employers. Faribault is proud to partner with SCC on many incentive packages offering training to local companies.
Dr. Annette Parker
President of South Central College
Great River Energy - Steele Waseca Cooperative ElectricGreat River Energy and their local cooperative service provider not only help in providing the most reliable electric service to many of our industrial companies, they also are a crucial partner in offering business incentives. It is important to involve the local utility provider early in a project's process - to ensure efficient and effective energy savings.
Economic Development Lead at Great River Energy
Operations and Engineering at Steele-Waseca Coop Electric
Faribault Area Chamber of Commerce and TourismThe Faribault Area Chamber of Commerce and Tourism is a privately funded, member driven organization serving business. For over 100 years the Chamber has lead the way in support for all good things for Faribault: Advocate for business, Connect with business, and Promote and Serve all businesses.
President/CEO at Faribault Area Chamber of Commerce and Tourism
Southern Minnesota Initiative FoundationSouhern Minnesota Initiative Foundation (SMIF), a donor-supported foundation, invests for economic growth in the 20 counties of south central and southeastern Minnesota. SMIF's key interests include economic and early childhood development and community vitality. The City of Faribault has been fortunate to partner with SMIF for business development loans supporting the local business community.
President/CEO at SMIF
The Rice County Board of Commissioners supports economic development and the goal to work collectively with Rice County communities to ensure a pro-economic development culture exists throughout all of the county. Offering financial incentives to growing businesses and industries, Rice County has been a partner to a number of projects in Faribault.
Economic Development Coordinator at Rice County
Minnesota Department of Employment and Economic DevelopmentThe City has a proven record of success in applying for and receiving state program grants to support business growth and expansion - one of the many reasons we consider Minnesota Department of Employment and Economic Development (MN DEED) to be a close economic development partner in all projects.
Southeast Regional Business Development Manager at DEED