Financing and Incentives
This page focuses on strategic financing tools for companies considering expansion, relocation, new development, job creation, and capital investment. We provide specialized resources framed for site selectors to navigate the robust financial landscape available for business growth in our region.
DCA Revolving Loan Fund
Strategic financing solution designed to support capital investment and long-term economic growth.
Business Purchase Forgivable Loan
Incentive program to assist with property acquisition for qualifying commercial projects.
Tax Increment Financing
Utilizing future tax gains to support current development and infrastructure improvements.
Tax Abatement
Reduction or elimination of certain taxes for a specific period to encourage investment.
Reduced Land Cost
Negotiated land pricing for industrial and commercial developments within target zones.
Industrial Revenue Bonds
Tax-exempt financing available for qualifying manufacturing and industrial projects.
City Loans
Gap financing and localized loan programs provided by the City to stimulate economic activity.
DEED Financing
Access to Minnesota's Department of Employment and Economic Development state-level funding.
Minnesota Investment Fund
Grants available to local units of government for business expansion and job creation.
Minnesota Job Creation Fund
Financial incentives for new and expanding businesses reaching specific capital investment milestones.
Minnesota Angel Tax Credit
Tax credits for investors who put capital into early-stage, high-tech Minnesota businesses.
Minnesota Job Skills Partnership
Grants to educational institutions for custom worker training to meet business workforce needs.
Minnesota Job Training Incentive
Direct incentives to offset costs associated with technical training for new employees.
SMIF Business Loan Fund
Financing through Southeastern Minnesota Foundation for regional business growth.
SMIF Small Enterprise Loan Fund
Focused funding for smaller-scale projects and emerging regional entrepreneurs.
SMIF Building Blocks Loan Fund
Microloans designed for startup needs and foundational business improvements.
SMIF Local Foods Loan Fund
Targeted financing for agricultural processors and regional food system businesses.
504 Corporation
SBA-backed financing for major fixed assets including real estate and machinery.