Incentives of Benton

Angel Tax Credit

Minnesota's Angel Tax Credit provides a 25-percent credit to investors or investment funds that make equity investments in startup companies focused on high technology, new proprietary technology, or a ne...

Category: Tax Credits

Automation Training Incentive Pilot Program

This program provides grants to small businesses for the purpose of training existing workers on new automation technology.

Category: State Workforce

Benton County Revolving Loan Fund Program

Eligible applicants are manufacturing and service businesses located anywhere in Benton County. Retail businesses are not eligible for funding. Funding in St. Cloud is limited due to the county’s loa...

Category: Local

Data Center Sales Tax Incentives

Companies that build data or network operation centers of at least 25,000 square feet and invest at least $30 million within 48 months may qualify for valuable tax breaks.

Category: Tax Credits

ECE: Revolving Loan Fund

Key Points Objective To create and retain jobs and attract and encourage economic growth. Main Project Eligibility Criteria All nonretail and nonfarm business types that provide benefit to the ECE membership and the communitie...

Category: Local

Greater Minnesota Job Expansion Program

The Greater Minnesota Job Expansion Program provides tax benefits to businesses located in Greater Minnesota that increase employment. Qualifying businesses that meet job-growth goals may receive sales tax refunds fo...

Category: Tax Credits

Job Training Incentive Program

This program provides training grants of up to $100,000 to new or expanding businesses located in Greater Minnesota. Funds may be used to pay direct training costs for workers i...

Category: State, State Workforce

Low Income Worker Training Program

The Low Income Worker Training Program helps workers whose incomes are at or below 200% of the federal poverty guidelines gain new skills necessary to move up the career ladde...

Category: State Workforce

Minnesota DEED Partnership Program

The Partnership program, focuses on providing training for both new and existing employees of participating businesses throughout the state.

Category: State Workforce

Minnesota DEED Pathways Program

The Pathways program focuses on providing training, new jobs and career paths for people who have incomes at or below 200% of the federal poverty guidelines or those who ar...

Category: State Workforce

Minnesota Investment Fund (MIF)

The Minnesota Investment Fund provides financing to help add new workers and retain high-quality jobs on a statewide basis. The focus is on industrial, manufacturing, and technology-related industries to increase th...

Category: State, State Workforce

Minnesota Job Creation Fund

The Job Creation Fund is a “pay-for-performance” assistance program for companies meeting certain job creation and capital investment targets. Companies deemed eligible may receive up to $1 million for creatin...

Category: State, State Workforce

Minnesota Reservist and Veteran Business Loan Program

The Minnesota Reservist and Veteran Business Loan Program provides business loans to companies that are affected when certain employees are called to active military duty and to individual veterans wh...

Category: State

Opportunity Zones

Opportunity Zones are a new community development program established by Congress in the Tax Cut and Jobs Act of 2017 to encourage long-term investments in low-income and urban communities nationwide.

Category: Tax Credits

Property Assessed Clean Energy (PACE) financing

Is your businesses, farm, multi-family housing building, nonprofit, or place of worship interested in energy efficiency or adding renewable energy like solar? A new financing tool called Property Assessed Clea...

Category: Local

Research and Development Tax Credit

Companies that engage in certain research and development (R&D) activities in Minnesota may qualify for the Credit for Increasing Research Activities.

Category: Tax Credits

Rice Revolving Loan Fund

Eligible applicants are new or businesses located anywhere in Rice. Applicants must be in compliance with local government zoning codes as well as all other local, state, and federal laws applicable t...

Category: Local

Sartell Public Financial Assistance

The City of Sartell has authority to provide financial assistance to development and redevelopment projects that provide benefit to the community. The use of Tax Increment Financing (TIF) and property Tax Abatement Financing (TAF) is governed by Minnesota Statute. ...

Category: Local

Sauk Rapids Business Assistance

Sauk Rapids offers a full range of incentives that can be used to help make projects work. Such as Tax Increment Financing (TIF), Tax Abatement Financing (TAF), low interest loans, grants, land write downs, fee reductions or even possible waivers. Applications and Fees are provided after assessment of project and mutua...

Category: Local

St Cloud Business Assistance

Whether you're an entrepreneurial start-up or an expanding manufacturer, several resources/services are available to help grow your business in St. Cloud. The St. Cloud Economic Development Department is here to provide yo...

Category: Local, Local Workforce

St Cloud Revolving Loan Fund

The purpose of the City of St. Cloud Economic Development Revolving Loan Fund (RLF) is to deploy and sustain a local pool of money to support private economic development an...

Category: Local

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