Perham business incubator goes cold
The Perham business incubator has closed.
After repeated attempts to attract more tenants proved unsuccessful, the Perham Economic Development Authority decided to end the project, effective July 1.
According to EDA Director Chuck Johnson, there were never enough tenants to fill the incubator’s 11 available offices. Every office needed to be filled in order for the program to break even; since that wasn’t happening, the EDA was compelled to subsidize the project.