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Business Incentives

Incentives Directory



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....
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Category: Local Incentives, Grants & Loans

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...
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Category: State Incentives, Grants & Loans

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...
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Category: State Grants and Loans

Property Assessed Clean Energy (PACE) is an innovative way to finance energy efficiency and renewable energy upgrades to buildings. Interested property owners evaluate measures that achieve the energy savings and receive...
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Category: State Incentives, Grants and Loans

An Abatement is a reduction of or exemption from taxes granted by a government for a specified period, usually to encourage economic development.
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Category: Government Incentives

Tax Increment Financing(TIF) uses the increased property taxes that a new real estate development generates to finance costs of the development.  In Minnesota, TIF is used for two basic purposes: To...
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Category: State Incentives, Grants and Loans

The Trillion BTU Program is a partnership between the St. Paul Port Authority(SPPA), the Center for Energy and Environment(CEE) and Xcel Energy.  All Xcel Energy commercial and industrial customers are eligible. Money...
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Category: Energy Grants



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Our Brand Promise to You:

The Red Wing Port Authority allows our city to proactively seek out, attract and retain businesses that add to the long-term vitality of our community.