Buildings and Sites
BEAR Lunch and Learn: Unleashing Our Economic Potential with New Markets Tax Credits
30 Jul 2024
News
Bremer Bank recently hosted the CEDC Business Expansion And Retention (BEAR) lunch and learn. These BEAR events are part of the CEDC’s existing business assistance program aimed at helping entrepreneurs gather for engaging discussions, listen to insightful speakers, enjoy lunches from local businesses while discussing ideas which help unleash their growth potential.
Brad Shultz, Regional President and Paul Keprios, Relationship Manager/Vice President of Bremer Bank welcomed and introduced Bremer’s Senior Vice President/Capital Markets Director, Vassil Zanev, to explain New Market Tax Credits to the group. The New Markets Tax Credit (NMTC) program is a powerful tool aimed at revitalizing economically distressed communities across the United States. By incentivizing private investment, it drives growth, creates jobs, and fosters community development in the region.
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