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Incentives Directory

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DEED Business Financing Programs

Our business financing programs help companies and communities retain existing jobs and create new high-quality jobs. Not all businesses are eligible. Qualifying businesses must meet specific job creation and wage goals. Some programs are general in nature. Others focus on targeted regions of the state, on targeted industries that show job-growth

Category: State Incentives, Grants & Loans

DEED Incentives for Relocating Businesses

From tax breaks to worker training grants to infrastructure improvements, a wide variety of incentives and financial assistance is available to help companies startup, expand, and relocate in Minnesota. Some incentives are offered by state government, some by local governments or other authorities. Generally, state incentives are tied to wage and

Category: State Incentives, Tax Incentives


Grow your business and increase your company’s profits in one Minnesota’s Job Opportunity Building Zones. Our JOBZ initiative provides local and state tax exemptions to qualified companies that expand or relocate into targeted regions outside the Twin Cities metropolitan area. With thousands of acres available in hundreds of communities, you’re bound to

Category: State Incentives, Tax Incentives

E3 Loan Program

Great River Energy offers an Energy Efficient Equipment Fund (E3 Fund) which provides a low-interest loan to cover the costs of acquisition and installation of energy efficient equipment. Loans from $20,000 up to $350,000 will be considered with an interest rate determined by energy savings achieved. The maximum maturity is

Category: Local Incentives, Green Incentives, Energy Incentives, Grants & Loans

Faribault EDA Development Loans

The Faribault Economic Development Authority offers several development loan programs to help establish, expand and strengthen businesses in Faribault. Economic Development Revolving Loan Program Industrial Development Loan Program SCDP Commercial Rehabilitation Program SCDP Revolving Fund Program Minnesota Investment Fund For more information visit the website.  

Category: Local Incentives, Grants & Loans

Faribault TIF and Tax Abatement

Tax Increment Financing (TIF) provides an opportunity for the community to invest property tax revenues in a variety of economic development, redevelopment, renewal and housing projects. Projects are evaluated on a case by case basis by the Economic Development Authority (EDA) and the City of Faribault in accordance with adopted

Category: Local Incentives, Tax Incentives

Lonsdale Economic Development Authority Programs

The City of Lonsdale offers a revolving loan program.

Category: Local Incentives, Grants & Loans

Owatonna Business Incubator Inc

Area incentives and gap financing can be found at Owatonna Business Incubator Inc. Owatonna is a pioneer in fostering entrepreneurship and business innovation. Since 1988, its Business Incubator has provided space, training, loans and mentoring to more than 1,000 entrepreneurs and small business owners – a quarter of whom have started

Category: Local Incentives, Business Expansion

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Fast Fact Image

The Rural Economic Development Loan & Grant program — known as the Red-Leg program — has available loans up to $740,000 for qualified projects.