Incentives

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

Category: Local

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 Clean

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 you

Category: Local

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 new

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 loan

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

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 for

Category: Tax Credits

Job Training Incentive Program
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.

Category: 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 ladder

Category: State, Workforce

Minnesota DEED Partnership Program
The Partnership program, is a program that 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 are

Category: State, Workforce

Minnesota Dual-Training Pipeline
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

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

Category: State

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 creating

Category: State

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 who

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

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 to

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 mutual

Category: Local

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 and

Category: Local