Minnesota Incentives and Workforce Development Guide

For a list of Minnesota economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide.



Minnesota Department of Employment and Economic Development (DEED) is the state’s principal economic development agency. DEED programs promote business recruitment, expansion and retention; international trade; workforce development; and community development. Here is the Minnesota Economic Development Resource Guide 2020 Edition. Also visit CompareMN.com.

Location and Expansion Assistance is provided by DEED’s business development managers with DEED are stationed in the Twin Cities metro area and key regions throughout the state. They work closely with companies of all types to help them locate and expand in communities throughout Minnesota and can provide site selection, project management, and other services. The Office of Foreign Direct Investment within the Minnesota Trade Office (MTO) also provides assistance to help businesses originating outside of the U.S. locate in Minnesota. The MTO has offices in key markets to help foreign companies explore business opportunities in Minnesota.

Export Assistance is provided by the regional trade managers in the Minnesota Trade Office who guide companies through the challenges of conducting international business. They provide basic guidance for companies new to exporting; technical, regulatory and logistical information for more experienced companies; market intelligence and research; and help with the art of conducting business across borders and cultures. The MTO offers educational seminars, workshops and export promotional events. Minnesota-based companies interested in export promotional events may also use the services of MTO’s foreign offices. The MTO serves as the Minnesota Office of Protocol and as the State’s liaison with the diplomatic community.

Launch Minnesota is a statewide collaborative effort to accelerate startups and amplify Minnesota as a national leader in innovation. It works with a statewide advisory board and private-sector stakeholders. It offers a series of Innovation Grants to entrepreneurs and startups for business operations expenses, housing/child care expenses, and research and development. It also offers Launch Minnesota Education Grants to organizations across the state that support innovative startups with educational programming, outreach and collaboration.

Minnesota Business First Stop streamlines the development process for complex business startups, expansions, or relocations that involve financing, licensing, permitting and regulatory issues that overlap multiple state agencies. The First Stop team – with representatives from nine state agencies – helps companies navigate regulatory requirements, programs, and services to find the right answers and resources to make projects happen quickly and successfully.

Minnesota Marketing Partnership works together as a public-private partnership to develop a broad-based marketing initiative to promote Minnesota and its business economy at local, regional, and national venues. The Business Development Office at DEED administers the partnership.

Small Business Assistance Office (SBAO) offers individual consultation services along with a comprehensive series of business guidebooks. Consultants field inquiries that range from basic business startup questions to complex tax, regulatory, financial, managerial and business structure questions. In general, these services are available to any business with fewer than 500 employees.

Small Business Development Centers (SBDCs) provide professional expertise and guidance for small business owners through a statewide network of centers. This includes one-on-one professional and confidential business consulting at no-cost for pre-venture businesses, startups, and established businesses. Services include business planning assistance, entrepreneurship readiness assessments, bookkeeping and accounting help, marketing assistance, website development, financial analysis, growth and expansion management, and more. SBDCs also offer assistance in accessing capital as well as training programs, at a nominal cost, on owning and operating a business. In general, these services are available to any business with fewer than 500 employees.

Business Development Competitive Grants Program provides grants to nonprofit or public organizations that implement projects and programs to support the startup, growth, and success of Minnesota’s entrepreneurs and small business owners across the state through the delivery of high-quality free or low-cost professional business development and technical assistance services.


Emerging Entrepreneur Loan Program (ELP): Supports the growth of businesses owned and operated by minorities, low-income persons, women, veterans, and/or persons with disabilities. The Minnesota Department of Employment and Economic Development (DEED) provides funding to certified nonprofit partners to make loans to these Minnesota businesses throughout the state. Startup and expansion costs, including normal expenses such as machinery and equipment, inventory and receivables, working capital, new construction, renovation, and site acquisition are eligible for financing. Financing of existing debt is not permitted. Businesses in most industries are eligible.

Indian Business Loan Program: Supports the development of Indian-owned and operated businesses and promotes economic opportunities for Indian people throughout Minnesota. Loan proceeds may cover startup and expansion costs, including normal expenses such as machinery and equipment, inventory and receivables, working capital, new construction, renovation and site acquisition. Applicants must be enrolled members of a federally recognized Minnesota-based band or tribe. Businesses must be wholly owned by an enrolled member and can be located anywhere in the state, although most of the loans are made to businesses on a reservation. Owners must provide a portion of the financing needed to undertake the project. Financing of existing debt is not permitted.

Launch Minnesota Innovation Grants: Targeted to the most promising scalable technology startups. They’re awarded on a competitive, ongoing basis and include • business operations expenses (up to $35,000); • housing/child care expenses (up to $7,500); • SBIR/STTR Phase 2 recipients (up to $50,000). To be eligible, businesses must be in a high-tech industry; headquartered and operating in Minnesota; operating no more than 10 years; generating less than $1 million in revenue; and able to provide a one-to-one financial match.

Minnesota Investment Fund (MIF): Provides up to $1 million in financing to help add new workers and retain high-quality jobs. The program focuses on industrial, manufacturing, and technology-related industries and aims to increase the local and state tax base and improve economic vitality. Funds are awarded to local units of government that provide loans to assist expanding businesses. Cities, counties, townships, selected economic development organizations, and recognized Indian tribal governments are eligible. Local government submits an application on behalf of the expanding business. All projects must meet minimum criteria for private investment, number of jobs created or retained, and wages paid. At least 50% of total project costs must be privately financed through owner equity and other lending sources. Expenditures financed by MIF and match must not have been completed. Over the years, many communities that have participated in MIF have created local revolving loan funds accessed directly through local government that complement MIF loans.

Minnesota Job Creation Fund (JCF): Awards 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. For extremely large projects, companies may be eligible to receive up to $2 million. Award amounts depend on job creation and investment levels. The program is available to businesses engaged in select industries including manufacturing, warehousing, distribution and technology-related industries, among others. To be eligible, businesses must invest at least $500,000 in real property improvements and create at least 10 full-time jobs if the business is located in the Twin Cities area, or invest at least $250,000 in real property and create at least 5 full-time jobs if the business is located in Greater Minnesota or is owned by minorities, women, veterans or persons with disabilities.

Minnesota 21st Century Fund: Makes loans or equity investments in innovative mineral, steel, or other industry processing, production, manufacturing, or technology projects located in the taconite relief tax area. Loans or equity investments from the fund require matching investments from facility owners. For facilities in the state’s taconite tax relief area, the Iron Range Resources and Rehabilitation Board may match the fund’s investment.

Minnesota Reservist and Veteran Business Loan Program: Provides loans to companies that are affected when certain employees are called to active military duty. It also gives loans to individual veterans who have returned from active duty and want to start their own business. The program provides one-time, interest-free loans of $5,000 to $20,000. Business loans are for existing small businesses that have an essential employee called to active service in the military reserves for 180 days or longer on or after September 11, 2001. The business must be injured substantially due to the employee’s absence. Startup loans are for veterans who were on active duty on or after September 11, 2001, seeking financial assistance to start their own businesses.

STEP Grant Program for Export Assistance: Provides financial and technical assistance to qualifying small- and medium-sized businesses with an active interest in exporting products or services to foreign markets. Participants in this matching grant program may be first-time exporters or companies that are currently exporting but are interested in expanding into new international markets. Minnesota businesses may apply for reimbursement of up to $500 for export training or up to $7,500 for approved export-development activities. Amounts are subject to change. Activities can include participation in trade missions; exhibiting at trade shows or industry-specific events; translation of marketing materials; development of foreign language websites; Gold Key or other business matchmaking services; company-specific international sales activities; and testing and certification (such as CE marking) required to sell products in foreign markets. Activities must be pre-approved to be eligible for reimbursement.


Angel Tax Credit Program: Provides tax incentives to investors or funds that invest in startup businesses that are primarily focused on high technology or new proprietary technology. Key features of the refundable Angel Tax Credit include a 25% tax credit for investments in small, emerging businesses; a maximum credit of $125,000 per person per year ($250,000 if married filing jointly); a portion of credits are reserved for investments in women-owned and minority-owned businesses and firms located outside the Twin Cities metro area. See the website for more qualifying criteria and details.

Border-Cities Enterprise Zone Program: Provides tax credits to qualifying businesses that are the source of investment and job creation or retention in the cities of Breckenridge, Dilworth, East Grand Forks, Moorhead, Ortonville, and Taylors Falls. Tax benefits include property tax credits, debt financing credit on new construction, sales tax credit on construction equipment and materials, and new or existing employee credits.

Data Center Sales Tax Incentives: Offer sales tax exemptions to businesses that build or refurbish data centers. The 20-year sales tax rebate applies to the purchase of computers, servers, cooling and energy equipment, energy use, and software. Companies building new data or network operation centers of at least 25,000 square feet must invest at least $30 million in the first four years to qualify for the tax break. Companies refurbishing existing data or network operation centers of at least 25,000 square feet must invest $50 million in the first two years to qualify for the tax break.

Foreign Trade Zones (FTZs): Commerce sites set up in or near U.S. Customs ports of entry where merchandise is considered legally outside U.S. Customs territory. They can save businesses time and money through the minimization of duty/import user fees and quicker supply chains. They’re generally used for storage, testing, cleaning, processing, assembling, manufacturing, re-labeling, repackaging, displaying, exhibiting, and repairing of merchandise. Minnesota has three FTZs:

  • Greater Metropolitan Area Foreign Trade Zone (GMAFTZ) (FTZ #119);
  • Duluth Seaway Port Authority (FTZ #51); and
  • International Falls (FTZ #259).

DEED’s Business Development Office administers the GMAFTZ. Minnesota’s FTZs have magnet site locations that offer leased storage or distribution space that can be quickly brought online. In addition, businesses anywhere in the state can establish a subzone or usage-driven site at their facility.

Greater Minnesota Job Expansion Program: Provides sales tax rebates to existing businesses located in Greater Minnesota that are approved by DEED and meet job creation, wage levels, and other eligibility requirements. To be eligible for this tax refund program, businesses must meet program requirements, including:

  • Have operated for at least one year in Greater Minnesota;
  • meet wage and compensation requirements;
  • will add at least two employees or 10% of current staff, whichever is greater, within three years;
  • meet industry eligibility including not being engaged in retail, gambling, entertainment, among many other industries;
  • demonstrate that the expansion wouldn’t occur without assistance;
  • have a significant share of sales from the facility to non-Minnesota customers.

Research & Development Tax Credit: Means that businesses paying certain research and development (R&D) expenses in Minnesota may qualify for the Credit for Increasing Research Activities. The R&D credit is equal to 10% of qualifying expenses up to $2 million, and 4% for expenses above that level. Qualifying expenses are the same as for the federal R&D credit—defined in Section 41 of the Internal Revenue Code—but must be for research done in Minnesota. S corporations, partnerships and C corporations are eligible to claim the credit.

Single Sales Factor Apportionment: Used in Minnesota. Apportionment formulas determine how much of a business’s income is taxable in a state. Many states apportion corporate income using the in-state proportions of the corporation’s sales, payroll, and property to determine corporate franchise tax. Minnesota uses only sales in-state to apportion corporate income. Single sales apportionment is beneficial to Minnesota businesses whose Minnesota sales factor is lower than the average of their Minnesota property and payroll factors. All other things being equal, increasing non-Minnesota sales will reduce the amount of Minnesota taxable income, since more income will be attributed to or apportioned outside of Minnesota.

Throwback: These rules are used in defining the sales factor in over half of the states with corporate taxes. Throwback rules treat sales to out-of-state buyers as in-state sales if the buyer’s state cannot tax the business/seller or if the purchaser is a federal government agency. These “thrown-back” sales increase in-state sales factor and corporate tax, decreasing the benefits to the taxpayer of single sales apportionment. Minnesota does not have a throwback rule.

Greater Minnesota Internship Tax Credit Program: Enables eligible employers to claim a refund credit of up to $2,000 for each internship provided to an eligible student in Greater Minnesota.

Tax Increment Financing (TIF): Often used by cities, counties and development authorities to help finance project costs. TIF is used to encourage private development and to pay for public improvements, such as streets, sidewalks, sewer and water, and similar public infrastructure improvements that are related to the development.

Tax Abatement: Tax Abatement on property taxes may be used by local governments to help finance certain economically beneficial projects. Property taxes are forgiven for a period of time—or the taxes are captured for a period of time and an up-front payment is made to help with project costs.

Personal Property Tax Exemption: Refers to the fact that in Minnesota, only real property—such as land and buildings—is taxable. Personal property is exempt from the property tax. Anything that is not real property is personal property. The main characteristic of personal property is that it is movable without causing damage to itself or the real estate.

Capital Equipment Exemption: Means that businesses that buy or lease qualifying capital equipment (machinery and equipment used in manufacturing) for use in Minnesota are eligible for an up-front exemption from Minnesota state and local sales or use.


Airport Infrastructure Renewal (AIR) Grant Program: Helps counties, airport authorities, or cities to redevelop or construct new facilities or infrastructure (including broadband) necessary for airport infrastructure renewal economic development projects. It provides up to 50% of the capital costs of a facility or infrastructure necessary to keep or enhance jobs, increase tax base, and expand or create new economic development. Eligible applicants are cities and counties located outside of the seven-county metropolitan area and airport authorities. Economic development projects include manufacturing, technology, warehousing and distribution, and research and development. Retail and office space development are ineligible.

Border-to-Border Broadband Development Grant Program: Helps promote the expansion of access to broadband service in unserved and underserved areas of the state. Grants will be awarded for last mile or middle mile broadband infrastructure acquisition and installation. The infrastructure deployed through the project must be scalable to broadband speeds of at least 100 Mbps download and upload. A grant awarded to a single project may not be for more than 50% of the project cost and not exceed $5 million. Eligible applicants include an incorporated business or partnership, a political subdivision, an Indian tribe, a Minnesota nonprofit organized under state law, or a Minnesota limited liability corporation organized under state law for the purpose of expanding broadband access.

Cleanup Revolving Loan Program: Provides low-interest loans through the U.S. Environmental Protection Agency to clean up contaminated sites that can be returned to marketable use. Loans may pay for contamination cleanup. A 22% match is required. Cities, counties, developers, economic development authorities, housing redevelopment authorities, port authorities, and for-profit and nonprofit organizations are eligible. Applicants must own or demonstrate legal control of the site to be developed.

Contamination Cleanup and Investigation Grant Program: Helps communities pay for assessing and cleaning up contaminated sites for redevelopment. The program assists development authorities in contamination investigations, development of Response Action Plans, and cleanup of contamination. Grants are awarded to those sites where there is planned redevelopment. Contamination Cleanup grants pay for up to 75% of the costs of cleaning up contaminants (defined under state law) or petroleum contamination not eligible for reimbursement under Minnesota’s Petrofund. Cities, counties, economic development authorities, port authorities, housing and redevelopment authorities are eligible. Both publicly- and privately-owned sites with known or suspected soil or groundwater contamination qualify. Applicants must make a 25% local match.

Demolition Loan Program: Assists development authorities with the costs of demolishing blighted buildings on sites that have development potential but where no immediate development plans exist.  The following terms apply:

  • Loans will be low-interest (2%);
  • Loans will be interest-free for first two years;
  • Principal and interest payments will start in year three;
  • Loan terms cannot exceed 15 years;
  • If the site is developed, the remaining principal and interest (up to 50% of the loan) could be forgiven based on development benefits.

Eligible applicants are development authorities, including cities, counties, port authorities, housing and redevelopment authorities, and economic development authorities. Loans would pay up to 100% of demolition costs for a qualifying site. They may also assist with site acquisition costs. Property and buildings must be publicly-owned.

Greater Minnesota Business Development Public Infrastructure Grant Program: Helps stimulate new economic development, create new jobs and retain existing jobs through investments in public infrastructure. It provides grants to cities of up to 50% of the capital costs of the public infrastructure necessary to expand or retain jobs in the area, increase the tax base, or expand or create new economic development. Eligible applicants are statutory or home rule cities outside of the Twin Cities seven-county metropolitan area. Eligible projects include publicly-owned infrastructure that supports economic development projects, including water and wastewater needs, storm sewers, utility extensions and streets. Economic development projects include manufacturing, technology, warehousing and distribution, research and development, agricultural processing and industrial park development. Retail developments and office space developments are not eligible.

Innovative Business Development Public Infrastructure Grant Program: Focuses on job creation and retention through the growth of new innovative businesses and organizations. The program provides grants to local governmental units on a competitive basis statewide for up to 50% of the capital cost of the public infrastructure necessary to expand or retain jobs. Local governmental units (cities, counties, townships, special districts, other political subdivisions or public corporations) are eligible. A local match may be required depending on the project cost. Projects must involve publicly-owned infrastructure related to a development project, or research park development that would be used by an innovative business that is engaged in proprietary technology.

Redevelopment Grant Program: Helps communities with the costs of redeveloping blighted industrial, residential or commercial sites and putting land back into productive use. The program assists development authorities with demolition, infrastructure improvements, stabilizing unstable soil, installing ponding or other environmental infrastructure, and interior abatement for adaptive reuse projects. Grants are awarded to those sites where there is a planned redevelopment. Grants pay up to half of redevelopment costs for a qualifying site, with a 50% local match. Eligible applicants are cities, counties, port authorities, housing and redevelopment authorities, and economic development authorities. Both publicly- and privately-owned sites qualify.

Shovel-Ready Site Certification: Certifies that sites have the most time-consuming technical and regulatory aspects of development – including planning, zoning, surveys, title work, environmental studies, soils analysis and public infrastructure engineering, ownership status, general site information, specific tests and assessments, utility services and transportation access – completed prior to putting the site up for sale or lease. Shovel-ready site certification offers communities a competitive edge by taking much of the time, expense, unpredictability and risk out of development. It makes the sites more attractive to companies and site-selection consultants looking for locations for business startups, expansions or relocations. Communities work with DEED to receive shovel-ready certification for sites.

Small Cities Development Program: Provides financial assistance to communities by supporting local economic development including housing, public infrastructure, and commercial rehabilitation projects. Maximum grant award for a single-purpose project is $600,000. Maximum grant award for a comprehensive project is $1.4 million. The timeline to complete projects is normally 30 months, depending on project size and scope. DEED receives funding for the program from the U.S. Department of Housing and Urban Development. There are three categories of funds under the program: housing grants, public facility grants, and comprehensive grants, which frequently include housing with a commercial activity or public facility activity. Cities with fewer than 50,000 residents and counties with fewer than 200,000 residents are eligible.

Transportation Economic Development Infrastructure (TEDI) Program: A competitive grant program available to communities for public infrastructure and road projects that create jobs, support economic development and improve the transportation system. Funds may be used to pay for predesign, acquisition of land, construction, reconstruction, and infrastructure improvements in coordination with trunk highway improvements undertaken by the Minnesota Department of Transportation (MnDOT). TEDI is a collaboration with MnDOT’s Transportation Economic Development program (TED). TED may provide up to 70% of the costs for trunk highway improvements while TEDI provides grants to assist with non-trunk highway costs of projects. Eligible applicants must be local units of government. Although private entities are not eligible, they may enter into agreements with eligible borrowers to request funding for eligible projects. Matching funds from the applicant may come from other federal, state, local and private funding sources.


CareerForce Locations: Sites throughout Minnesota where employers can get assistance with a broad range of workforce services. CareerForce is led by a partnership of DEED, the Governor’s Workforce Development Board, and Minnesota Association of Workforce Boards in partnership with other workforce organizations in the state. Services include hiring events, talent attraction and recruitment, space for candidate screenings, workforce strategy consultation, labor market information, employer seminars, disability employment services, help hiring veterans, workplace inclusion assistance and more. CareerForce also provides connections to resources to help with customized workforce training, foreign labor, grant opportunities, layoff aversion, unemployment insurance, work opportunity tax credits, federal bonding and other assistance.

CareeerForceMN.com: A website offering personalized tools to Minnesota employers. With a no-fee account, businesses can create a profile page to attract potential job candidates and can access customized regional data on employment, wages, occupational demand and more. Job postings approved for the national labor exchange display on CareerForceMN.com and listings are updated daily. Minnesota employers can sign up for a no-fee account on MinnesotaWorks.net to post their job openings on the site. Jobs posted on MinnesotaWorks.net display on the national labor exchange and also show up on CareerForceMN. com. Plans are being developed to integrate the job bank feature of MinnesotaWorks.net into CareerForceMN.com.

Dual Training Competency Grants: Part of the Dual Training Program—a collaborative of the Minnesota Department of Labor and Industry (DLI), The Office of Higher Education (OHE), and DEED—which provides grants to employers or organizations representing the employer to train employees in achieving the competency standard for an occupation identified by the Commissioner of DLI. Dual training builds on the Pipeline Project at DLI which convened four industry councils with representatives from higher education, industry, labor and employers. The councils develop competency standards and identify models that Minnesota’s education providers can use for training in four industries: advanced manufacturing, information technology,  agriculture and health care services. The maximum grant is $150,000 per application based on a maximum of $6,000 per trainee. Matching funds may be required.

Export Education and Training Services: Provided by the Minnesota Trade Office (MTO). It is staffed by experts who offer seminars and events across the state to help small and midsized companies learn how to export goods and services successfully. These training sessions, frequently offered in partnership with other international business specialists, also provide opportunities for networking. Some seminars are on particular countries or industry sectors, but many have a broader focus. All events are on the online event calendar. Minnesota businesses also can make connections around the globe by participating in MTO organized mission trips and delegations to international trade shows.

Job Training Incentive Program: Provides grants of up to $200,000 to new or expanding businesses for the purpose of training new workers as quickly and efficiently as possible. The program is available to businesses located in Greater Minnesota. Grant funds may be used for direct training costs for training provided in-house; by institutions of higher education; by federal, state, or local agencies; or private training or educational providers. The business must be located in Greater Minnesota. The new jobs must pay wages at least equal to the median hourly wage for the county in which the jobs are located, plus benefits. The new jobs must also provide at least 32 hours of work per week for a minimum of nine months per year. The business must be able to demonstrate that its training needs cannot be met through a Minnesota Job Skills Partnership grant. Additional eligibility and project requirements apply.

Minnesota Jobs Skills Partnership Program (MJSP): Works with businesses and educational institutions to train or retrain workers, expand work opportunities and keep high-quality jobs in the state. The goal is to target short-term training for full-time employment in the growth sectors of the state’s economy. MJSP offers grants through a variety of programs to offset training-related expenses incurred by business, industry and educational institutions to meet current and future workforce needs. The main grant option, the Partnership Program, provides up to $400,000 for training new workers and existing employees of participating businesses. Other training options include the Pathways Program and the Low Income Worker Training Program. In addition to its flagship program, MJSP offers assistance to businesses for training low- income individuals. Training projects pair at least one public or private accredited Minnesota educational institution and one business, with the exception of the Low Income Worker Training Program option. That program provides grants to Minnesota public, private or nonprofit entities that provide employment services to low-income individuals. Additional eligibility and project requirements apply.

SciTechsperience Internship Program: A paid internship program that connects college students in science, technology, engineering and math (STEM) disciplines with rewarding hands-on opportunities at small to mid-sized Minnesota companies that need their skills. The focus is on strengthening Minnesota’s STEM industries and developing an experienced and well-trained workforce. Businesses receive a dollar-for-dollar cash match up to 50% of the intern’s wages ($2,500 maximum), providing a low-cost option for small and medium-sized companies that otherwise would not have access to qualified interns. Eligible companies must be for-profit businesses with a physical presence in Minnesota, operating in qualifying industries. They must offer an internship that provides hands-on industry experience, focusing on STEM. Other eligibility requirements and opportunities apply.

Workforce Strategy Consultants: Part of CareerForce, offer employers workforce solutions tailored to meet specific business needs through a customized consultation process including strategies around hiring, training and retaining a skilled diverse workforce. The consultants work one-on-one with employers to develop workforce strategies such as fostering an inclusive workplace, community and school collaboration for building talent pipelines, establishing career pathways, labor market analysis, participation in business-led sector partnerships, and accessing grant funding opportunities and tax credits. They also provide referrals to local, regional and national resources, and support employers with business retention and layoff aversion services in connection with the Rapid Response team. They are available statewide at no fee to employers.


Minnesota Department of Agriculture (MDA): Provides funding and information for a variety of food production businesses, including farming, farm machinery, seed supply, food processing, sales and marketing. MDA’s Rural Finance Authority offers low-interest loan programs to farmers for a variety of business activities.

Minnesota Department of Commerce: Provides information on funding options for consumers and business, including low-income programs, grants, loans, and rebates.

Minnesota Pollution Control Agency: Has various opportunities available for receiving grants and other financial assistance for environmental projects in Minnesota.

Minnesota Public Facilities Authority: Provides municipal financing programs and expertise to help communities build public infrastructure that preserves the environment, protects public health and promotes economic growth.

Federal Rural Development Financing: Refers to loan, loan guarantee, and grant programs in Minnesota offered through the U.S. Department of Agriculture’s Rural Development Office. They are designed to help famers improve energy efficiency and expand their markets, and to help rural businesses and economies grow.

Small Business Administration (SBA): Has financial assistance programs that provide access to debt and equity primarily from banks or other private sources. SBA has various loan programs, including Guaranteed Loans; Certified Development Company Loans or 504 Loan Program; Small Business Investment Companies; and Microloans.