Economic Development

Business and Economic Climate

St. Paul’s economy consists of small retail businesses of goods and services, local
medical services, local construction businesses, and agribusinesses supporting
surrounding agricultural base of irrigated cropland and birth-to-market animal
feeding facilities.

A forward-looking city government, Chamber of Commerce, and Development Corporation work together for business and community development efforts.

It is the intent of the City of St. Paul to implement an economic development program, the purpose and goals of which will be:

Create or retain jobs and generate improved employment opportunities;
Expand labor markets of St. Paul and Howard County;
Attract new capital investments to the community and broaden the tax base and
Provide economic diversification to ensure economic stability and vitality for the community of St. Paul and the surrounding area.

St. Paul Development Corporation Inc

The St. Paul Development Corporation, formed June 25, 1985, is organized not for profit and the objects and purposes to be transacted and carried on are to further the economic development of St. Paul and Howard County, Nebraska and its environs and promote the general social welfare of St. Paul and Howard County, Nebraska.

The St. Paul Development Corporation, Inc is created with these goals in mind:

To nurture and improve the present economic status and opportunities in St. Paul and its surrounding area, while retaining the special qualities of small-town America.
To increase economic opportunities for all our citizens, while enhancing their educational, social, cultural and physical well being.
To develop all our assets, to turn deficits into assets, to add assets, to utilize the talents of all our citizens.
To stem our city and county population losses, yet grow in population only gradually and naturally.

Mike Feeken
Executive Director
511 Howard Ave
Box 64
St Paul, NE 68873
308.754.4661

Ron Vonderohe
Vonderohe Business Services
President
308.754.4557

Announcements

For complete up to date announcements of economic and community development activities click here.

Incentives

Local Option Municipal Economic Development Act (LB840)

The citizens of St. Paul passed Legislative Bill 840, a 15-year economic development plan in the spring of 2000. This local option municipal sales tax designates a one percent (1%) tax for economic development use.

LB 840 Guidelines
LB 840 Application
Venture capital is available through the St. Paul Area Investment Club, a local, for-profit investment group.

Nebraska Advantage

The Nebraska Advantage package was designed to create a business climate that makes Nebraska the preferred location for starting and growing your business. The Nebraska Advantage rewards businesses that invest in the state and hire Nebraskans. In this progressive, pro-business tax climate, corporate income and sales taxes are reduced or virtually eliminated.

Contact the Nebraska Department of Economic Development for more information on the Nebraska Advantage

Sites and Buildings

A new business park is currently being developed within one block of the main vehicle throughway. Several historic buildings are available for lease or purchase at very competitive prices. Contact the St. Paul Development Corporation for more information.

Available Sites and Buildings:

21,520 sq ft building w/office and 6 acres

All Available Industrial Sites/Buildings in the St. Paul Area

Commercial Properties

St. Paul Area Demographic Information

For information on St. Paul and Howard County, please visit the following links:

St. Paul Community Profile(s)

Economic Development Resources

Several resources are available to assist the beginning or expanding businesses.

Center for Rural Affairs – REAP – Rural Enterprise Assistance Program
Nebraska Department of Economic Development
Nebraska Public Power District – Economic Development
Small Business Administration
USDA Rural Development Nebraska

If you have any questions or comments regarding this site, please email the Webmaster