St. Croix Valley Business Innovation Center expansion receives $2.2 million grant

2 Oct 2026


News

The City of River Falls and the River Falls Economic Development Corporation (RFEDC) have been awarded a grant of $2.2 million from the U.S. Department of Commerce’s Economic Development Administration (EDA) for the expansion of the St. Croix Valley Business Innovation Center.

Located in River Falls, the St. Croix Valley Business Innovation Center (SCVBIC) is a partnership of the RFEDC, City of River Falls, University of Wisconsin-River Falls (UWRF), and Chippewa Valley Technical College (CVTC). The Innovation Center helps small businesses and entrepreneurs in Pierce, St. Croix, and Polk counties by providing business support resources and services. Those include physical office space, business coaching, networking connections, and more.

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