Incentives

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 the local and state tax base and improve economic vitality statewide.

Category: State

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This program provides grants to small businesses for the purpose of training existing workers on new automation technology. Learn More
This program provides grants to new or expanding businesses located in Greater Minnesota for the purposes of training workers as quickly and efficiently as possible. Learn More
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 ladder to higher paying jobs and greater economic self-sufficiency. Learn More
The Partnership program, is a program that focuses on providing training for both new and existing employees of participating businesses throughout the state. Learn More
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 are making a transition from public assistance to work. Learn More
Minnesota Dual-Training Pipeline exists to support employers in creating or enhancing a competency based, earn-and-learn dual-training approach to meeting their workforce needs. With Pipeline, workers receive a combination of related instruction paired with on-the-job training.  Learn More
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 creating or retaining high-paying jobs and for constructing or renovating facilities or making other property improvements... Learn More
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 who have returned from active duty and want to start their own business. Learn More