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.
→ View Program Impact

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.