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DEED’s Angel Loan Fund program supports entrepreneurial growth by offering attractive funding for early-stage businesses. Businesses certified to participate in the Angel Tax Credit Program during any of the program years with fewer than 500 employees are eligible.
Funds may be used for start-up...
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Businesses headquartered in Minnesota with fewer than 25 employees and engaged in the research or development of qualifying high-technology can qualify for up to $1 million in angel tax credits.
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The program provides production payments to encourage commercial-scale production of advanced biofuels, renewable chemicals, and thermal energy production from biomass.
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BizRecycling is a program to help businesses in Ramsey County and Washington County start, expand, improve, and manage business recycling, including organic waste collection, such as food waste. We work with businesses of all sizes and types: restaurants, offices, multi-unit residential properties, schools, clinics, golf...
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The Border-Cities Enterprise Zone Program provides property tax credits, debt financing credit on new construction, sales tax credit on construction equipment and materials, and new or existing employee credits to qualifying businesses in the border cities of Breckenridge, Dilworth, East Grand Forks, Moorhead, and Ortonville,...
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Businesses participate in a nine-month long program with peer CEOs, including customized business research, as well as practical tools and techniques to help businesses grow. Privately-held businesses with 10-99 employees, annual revenue between $1 to $50 million, and show a potential for job creation and...
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Companies that build new data or network operation centers of at least 25,000 square feet and invest $30 million, or refurbish an existing center of at least 25,000 square feet and invest $50 million, qualify for sales tax exemptions for 20 years on computers and...
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Companies that build new data or network operation centers of at least 25,000 square feet and invest $30 million, or refurbish an existing center of at least 25,000 square feet and invest $50 million, qualify for sales tax exemptions for 20 years on computers and...
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The DBE program is a project for increasing the participation of women- and minority-owned businesses in the award of federally assisted contracts. See current contracting opportunities at the Council.
The Council has established goals for contracts for fiscal years 2017-2020:
15% overall DBE...
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The U.S. Department of Homeland Security's Citizenship and Immigration Services division (USCIS) administers the Immigrant Investor Program, also known as EB-5.
The program is intended to stimulate the U.S. economy through job creation and capital investment by offering foreign investors a permanent resident visa...
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DEED's Emerging Entrepreneurs Fund primarily supports micro- enterprises and small businesses with loans of up to $150,000 to businesses owned by minorities, low-income persons, women, veterans, and/or persons with disabilities. Businesses located in low-income areas will be given priority. The program will finance a variety...
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Foreign Trade Zones are commerce sites (industrial sites, buildings) set up in or near U.S. Customs ports of entry where merchandise is considered legally outside U.S. Customs territory. The zones are operated as public utilities by states, port authorities, other political groups, or corporations charted...
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Gopher Angels (GA) is a network of accredited investors seeking to invest capital and expertise in early stage Minnesota businesses. GA looks for outstanding entrepreneurs who can turn their vision into a successful business. In addition to financial support, GA members will provide businesses with...
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The program supports the development of Indian-owned and operated businesses and promotes economic opportunities for Indian people in Minnesota. Loans may be up to 75 percent of project costs and feature favorable interest rates and repayment terms.
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Innovative Business Development Public Infrastructure provides grants to local governmental units on a competitive basis statewide for up to 50 percent of the capital cost of the public infrastructure necessary to expand or retain jobs in innovative businesses and organizations.
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The Metropolitan Council Underutilized Business Program (MCUB) is designed to engage and encourage the use of underutilized Minnesota-based small businesses for the Council's projects and procurements.
MCUB firms can do business with the Council in two ways:
Through procurements, selling products or...
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The Minnesota Innovation Loans for Entrepreneurs (MILE) program provides interest-free loans to early stage businesses developing or producing high-tech products or services in Minnesota. This program is an initiative of the Minnesota Investment Fund.
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Provides financing to help add new workers and retain high- quality jobs in industrial, manufacturing, and technology-related industries. Funds are awarded to local units of government who provide loans to assist expanding businesses.
Projects must meet minimum criteria for private investment, number of jobs...
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The Job Creation Fund provides awards of up to $500,000 and capital investment rebates of up to $500,000 for qualifying businesses.
The program is available to businesses engaged in manufacturing, warehousing, distribution, technology-related industries, and other eligible activities. Companies must work with the local...
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Provides training grants of up to $400,000 to educational institutions that partner with businesses to develop new-job training or retraining for existing employees.
A cash or in-kind contribution from the contributing business must match program funds on at least a one-to-one basis (wages paid...
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Minnesota State Trade and Export Promotion (STEP) grant program awards funds to Minnesota businesses planning to grow their exports. It provides financial and technical assistance to qualifying Minnesota businesses with an active interest in exporting products or services to foreign markets. Participants may be first-time...
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This program provides interest free, business loans of up to $20,000 to businesses that are adversely 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.
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MNvest is Minnesota’s equity crowdfunding program for small businesses. Minnesota law now allows businesses to raise money online from Minnesota investors. MNvest offers small businesses in the state the opportunity to raise money from Minnesotans with just a few thousand dollars to invest. Similar...
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The City of Shoreview works to build a strong business community by supporting business growth, retention, expansion and attraction. We provide education and networking opportunities and provide communication between businesses and city officials. In addition, Ramsey County’s Open to Business program has been designed to...
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PACE is an innovative mechanism for financing energy efficiency and renewable energy improvements on private property. It allows a property owner to finance the up-front cost of energy or other eligible improvements and then pay the costs back over time through a voluntary assessment attached...
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Ramsey County Workforce Solutions supports the success of area businesses through quality workforce development services. With access to over 25,000 job candidates, Workforce Solutions will help find your next staff member or up-skill your current workforce. Services are free and made available by the public workforce and economic development...
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The tax credit for R & D expenditures is 10 percent, up to the first $2 million in eligible expenses. The credit is 2.5 percent for eligible expenses above $2 million.
Individuals involved in partnerships, S-corporations and limited liability companies are allowed to claim...
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SciTechsperience is a paid internship program that connects college students in science, technology, engineering and math disciplines with rewarding hands-on opportunities at Minnesota companies that need their skills. The focus is on strengthening Minnesota's STEM industries and developing an experienced and well trained workforce. Learn...
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SCORE provides free, confidential business advice through volunteer business experts. SCORE is a nonprofit resource partner of the U.S. Small Business Administration (SBA). You can meet with one or several mentors via email, video chat, or face-to-face in the local chapter. Mentors are experienced in...
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Loans meant to serve as gap financing and designed to leverage other financing programs and private financing provided by the commercial banking community. Projects must align with the City’s Revolving Loan Fund Policy, including specific hiring and wage goals.
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The SBDC provides free, confidential professional expertise and guidance to established businesses. Business consultants provide relevant, realistic, and sound advice in several areas, including: access to capital and loan packaging; financial analysis and assessment; accounting systems and literacy; marketing and research; marketing plan development;...
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The City is allowed to refund a portion of a company’s property taxes for a set period of time when a company makes improvements on vacant land or a building that will result in higher property taxes being paid. Projects must meet the "but for"...
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The City is allowed to create Tax Increment Financing Districts for the purpose of redevelopment, economic development, and public infrastructure related to a project. Generally, the costs for development or redevelopment are fronted utilizing pay-as-you- go financing; once complete, the development is then reimbursed from...
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Transportation Economic Development Infrastructure (TEDI) Program is a competitive grant program available to communities for road and public infrastructure projects that create jobs and support economic development.
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Women Venture is a non-profit organization providing resources and support to help women start and grow profitable and sustainable businesses. They train entrepreneurs, advise businesses, provide loans, and create jobs.
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