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| FROED One Government Center Fall River, MA 02722-7700 Tel 508-324-2620 Fax 508-677-2840 info@froed.org |
 In
1978, the City of Fall River established the private, nonprofit Fall
River Office of Economic Development (FROED) as its "one-stop
shop" for business and economic development. Incorporated as
Jobs for Fall River, Inc., FROED's key objectives are job creation,
job retention and the expansion of the city's tax base. The office
maintains a professional staff that is organized into four main areas
- finance, business development and marketing, business retention
and project administration. FROED
helps businesses evaluate the many advantages of locating in Fall
River, offering aggressive incentive programs including low-interest
financing, tax exemptions, employee recruitment and training services,
and site selection assistance. We also provide consultation and technical
support in areas ranging from permitting to international trade assistance.
These programs complement Fall River's low business costs and can
be packaged with other private and public sector incentives. All of
our services are free of charge. |
Over the years,
FROED has loaned nearly $61 million to more than 520 new and expanding
businesses, leveraging nearly $205million in private investment. These
loans have helped
create and retain over 12,300 jobs, nearly a quarter of Fall River's
total workforce. Our loan portfolio includes a mixture of startups,
local expansions and relocations that have taken advantage of such
programs as the low-interest Business Advantage Fund and innovative
Microloan Fund.FROED's mission has remained unchanged for more than a quarter century. The City of Fall River is deeply committed to business development, working closely with companies to assist their expansions. We believe we have created the premier business location in the region, and as FROED celebrates more than 25 years in business, we are still focused on keeping the people of Fall River working in Fall River. |
| NOW AVAILABLE MT. AUBURN STRATEGIC PLAN Navigating Through Regulations and Licensing Requirements FRRA IS CURRENTLY EXAMINING OPTIONS FOR IMPROVEMENTS TO THE ROUTE 79/DAVOL STREET CORRIDOR |
