The Ely Economic Development Authority works to position Ely as one of Minnesota’s most desirable communities to start, grow, and sustain a business.

In partnership with the City of Ely and community stakeholders, we support strategic investment, business expansion, and long-term economic vitality.

Investment in Action
The Commercial Development Corridor Program is already helping Ely businesses activate storefronts and expand operations.

Ely offers more than opportunity. Our strong schools, accessible healthcare, thriving outdoor recreation economy, and deeply rooted community culture create a quality of life that supports both businesses and the people who power them.

Through flexible real estate options, forward-thinking incentives, and locally grounded leadership, the EEDA helps entrepreneurs, manufacturers, and retailers move projects from concept to completion.

Whether launching a new venture or expanding an existing one, we are here to help.

Explore funding opportunities or connect with us to begin the conversation.