Incentives Directory
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JOBZ
JOBZ Benefits No corporate franchise tax No income tax for operators or investors, including capital gains tax No sales tax on goods and services used in the zone if the goods and services were purchased during the duration of the zone No property tax on commercial and industrial improvements but on land No wind energy... Category: Local Incentives > Tax Incentives |
 
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Minnesota Community Capital Fund (MCCF)
The Minnesota Community Capital Fund (MCCF), a nonprofit corporation, provides local communities and economic development agencies throughout Minnesota with the opportunity to participate in an innovative development financing organization as a means of helping small businesses and nonprofits secure the capital they need to grow and prosper--when they need it. MCCF... Category: State Incentives > Grants & Loans |
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Minnesota Investment Fund (MIF)
The Minnesota Investment Fund provides grants 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. To Apply Applications are accepted on a year-round basis. Select the Application... Category: State Incentives > Grants & Loans |
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SBA 504 Loan
The CDC/504 loan program is a long-term financing tool, designed to encourage economic development within a community. The 504 Program accomplishes this by providing small businesses with long-term, fixed-rate financing to acquire major fixed assets for expansion or modernization. A Certified Development Company (CDC) is a private, nonprofit corporation which is... Category: Federal Incentives > Grants & Loans |
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504 Corporation
504 Corporation is a nonprofit organization certified by the U.S. Small Business Administration (SBA) to provide financial assistance to small businesses. As an SBA Certified Development Company, 504 Corporation works with SBA and lenders to deliver the 504 Loan Program to small businesses. The staff also assists businesses with local,... Category: Federal Incentives > Grants & Loans | State Incentives > Grants & Loans |
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Entrepreneurial Loan Fund 2012
Overview The Red Wing Port Authority (RWPA) has developed an Entrepreneurial Fund to support the growth and expansion of local business/individuals and attract new business development to the Red Wing Area. This is a limited loan and collateralization can be a financial investment and/or sweat equity. Loans $500 up to $50,000 Loans requiring financing... Category: Local Incentives > Grants & Loans |
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The 3-story building known as the Wagon Works was built in the 1860's; over the years the Wagon Works building was home to a number of uses and most recently had fallen into a state of disrepair. The City wondered if the building was beyond repair. The community worked with Knudsen's Caramels & Cheesecake to acquire and finance a top to bottom renovation of the Wagon Works building, which now serves as an example of just how one might take a building from a total state of disrepair to a community treasure. Today, the caramel business is stronger than ever and Knudsen Caramels are distributed nationwide.
