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What We Do

Economic Development



 Your trusted regional financial assistance provider

Lending opportunities:

Business Micro-Lending

Business Gap Financing

Individual Septic System Loans

Household Well Water Loans


Comprehensive Regional Economic Development Strategy

Through a planning grant provided by the U.S. Department of Commerce and Economic Development Association, Region Five Development Commission develops and maintains the Comprehensive Regional Economic Development Strategy (CREDS) for the region.


CREDS Strategy Committee

2016 EDD Governing Body

Vital Projects


2016 Visioning Sessions


We are looking for community input for the 2016 CREDS 5 year plan.  All are welcome to participate in one or more of the following sessions:


Human Capital-  NJPA, Staples June 28th 10am-noon

Economic Competitiveness-  The Depot, Pine River July 19th 4-6pm

Community Resources-  Long Prairie Country Club August 2nd 10am-noon

Foundational Assets-  Northland Arboretum, Brainerd August 11th 4-6pm


Click here to complete the 2016 CREDS Survey. -


Investment Priorities


Within the parameters of a competitive grant process, all projects are evaluated to determine if they advance global competitiveness, create jobs, leverage public and private resources, can demonstrate readiness and ability to use funds quickly and effectively and link to specific and measureable outcomes. To facilitate evaluation EDA has established the following investment priorities:

1. Collaborative Regional Innovation

2. Public/Private Partnerships

3. National Strategic Priorities

4. Global Competitiveness

5. Environmentally-Sustainable Development

6. Economically Distressed and Underserved Communities


Click here to learn more.

For more information on R5DC's Economic Development programs, please contact Cheryal Lee Hills at or call 218-894-3233 x1.