Incentives are available for shovel-ready sites in Minnesota
![Incentives are available for shovel-ready sites in Minnesota Main Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/seo/deed.jpg)
11 Mar 2024
The Minnesota state government offers capital incentives for new and expanding businesses that develop in shovel-ready sites in Minnesota. There are several development sites in Great River Energy’s territory that can qualify for these incentives.
It Pays to Build In A Shovel-Ready Site in Minnesota
Businesses that create and maintain at least ten new permanent full-time employees may benefit from the Minnesota Job Creation Fund. This tax incentive rewards up to $1 million dollars to companies that retain well-paid employees within two years of the company’s application to the program. Awards for job creation or construction and other real property improvements can reach $2 million in credits (learn more about this incentive here).
Take advantage of this and other incentives when growing a business. Visit Great River Energy’s available land and buildings page to review shovel ready-sites in Minnesota. After finding a suitable site, contact GRE to take advantage of these excellent economic incentives.
More Topics
![Litchfield Independent Review: Vibrant Broadband part of internet expansion effort in Kandiyohi County Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/656f177d78412.jpg)
![ACT News: Financing a Successful Transition to Electric Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/Gage-Zero-Multi-Fleet-Port-Charging-Hub.jpg)
![GRE powers development-ready sites in Minnesota & helps communities grow Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/seo/map.jpg)