Economic Development

Milaca is a great location to establish a business. Located at the intersection of U.S. Highway 169 and MN Highway 23, businesses have easy access any major market in Minnesota. In addition to location, the City of Milaca works closely with businesses that are interested in expanding or locating in Milaca. Our mission is to actively participate in economic development by assisting business in accessing investments and capital. The goal of our efforts is to create a base of stable and growing business and diverse job opportunities.

If you are considering starting or improving your business in Milaca, there are some helpful resources provided below along with a listing of parcels currently available for sale. If you have any questions, call the Milaca City Manager at (320) 983-3141.

There are several businesses and organizations that the city of Milaca works with who support our efforts in economic development.

East Central Energy is a cooperative and member of Great River Energy. As a cooperative, ECE has a wide range of incentives, as well as access to financing programs through the federal government. Please call the East Central Energy business account specialist at 1-800-254-7944 for more information.

The Milaca area is served by two financial insitutions that have the ability to meet any of your needs. First National Bank of Milaca and Spire Credit Union all take an active role in community development.

The Initiative Foundation, located in Little Falls, has a revolving loan fund available for gap financing, and access to loan programs for buildings and equipment.