Incentives

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 them. The Rice Loan may provide up to 45% of the total project cost and not to exceed $100,000.  Loans in excess of $25,000 need to comply with the State of Minnesota’s Guidelines for job creation. Borrowers can use the funds for fixed assets purchases or working capital.

Category: Local

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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 funding source criteria. • Borrowers can use county funds for fixed asset purchases such as... Learn More
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 communities in which they do business will be... Learn More
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 Energy, or PACE, can help you move forward. How does PACE work? PACE financing... Learn More
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.  The city will consider requests for local funding for projects that satisfy community development goals and... Learn More
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 interest.  For more information Contact tschultz@ci.sauk-rapids.mn.us Learn More
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 with personalized services.  Programs are offered by local and state governments and other entities.  Generally,... Learn More
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 redevelopment projects for the benefit of the City of St. Cloud. Revolving Loan Funds... Learn More