Through a partnership with the Iowa Area Development Group, Osceola Electric Cooperative has been able to offer vital economic development services including site selection, available industrial sites and buildings, and community data. The Iowa Area Development Group was organized in 1985 to serve businesses interested in expanding or locating within the member-owned and municipal electric service areas of Iowa.
With the assistance of the Iowa Area Development Group, Osceola Electric Cooperative has been able to obtain grants from USDA Rural Development to assist with community projects including: Heartwood Heights, Hope Haven, Osceola County, and Osceola Community Hospital. Grant funds have been made available to non-profit organizations as no interest loans. As the money is paid back, it goes into a revolving loan fund which is available for other worthy projects.