Assistance Programs

State of Minnesota Programs

MN Job Creation Fund

The Job Creation Fund provides financial incentives to new and expanding businesses that meet certain job creation and capital investment targets. Companies deemed eligible to participate may receive up to $1 million for creating or retaining high-paying jobs and for constructing or renovating facilities or making other property improvements. In some cases, companies may receive awards of up to $2 million.

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MN Investment Fund

The Minnesota Investment Fund (MIF) 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 increase the local and state tax base and improve economic vitality statewide.

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MN Job Skills Partnership

Minnesota participating businesses must partner with an accredited Minnesota educational institution. Grants of up to $400,000 are awarded to the educational institution to develop and deliver training specific to the business needs. A cash or in-kind contribution from the participating business must match grant funds on at least a one-to-one basis.

 

Launch Minnesota Grants

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Emerging Entrepreneur Loan Program

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Indian Business Loan Program

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Minnesota 21st Century Fund

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The State Small Business Credit Initiative

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Category: Assistance Programs

More Assistance Programs

Electric forklifts offer lower operating and maintenance costs than propane or diesel lifts and offer several health and safety benefits. Companies that convert from internal combustion (IC) to electric forklifts reduce operating costs in three ways: Fuel – 40 cents of electricity... Learn More
Our Electric Vehicle Charging program is available to all makes of Level 2 electric vehicle supply equipment (EVSE). Both purchased and leased equipment (minimum term 5 years) is eligible for rebates. Direct current fast charging (DCFC) does not qualify for this incentive. Qualifying charging equipment... Learn More
The Energy & Design Assistance (EDA) program is for new construction or major renovation projects targeting 5,000 square feet or larger. EDA is a comprehensive approach to energy savings modeling above and beyond code requirements. A third-party engineering firm models energy savings based on specked... Learn More
Our economic development team is committed to working with member-owner cooperatives to attract new commercial and industrial projects, while connecting them with resources to help existing businesses grow. From providing loans to helping plan and manage a business’ energy needs, we have the experience needed... Learn More
CEE Loan Programs For nonprofit organizations and their landlords statewide. Offers grants up to 25% net project cost for qualifying energy projects. CEE Loan Offerings Home improvement loans Home energy loans Solar energy loan City-specific loan offerings City of Minneapolis residential... Learn More
The Wellspring program provides commercial, industrial and agricultural (CI&A) members with an easy, affordable and meaningful way to support renewable energy efforts. End-use members are able to offset conventional energy use and support renewable energy development. The electricity generated by the renewable resources is... Learn More
Purpose To promote rural economic development and job creation projects. Applicant Eligibility Rural Utility Service (RUS) Electric and Telephone utility borrowers only. Financially sound organization. Current on all Federal debts. Use of Loan Funds Business... Learn More