Minnesota 21st Century Fund
The 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. The fund may also make grants to municipalities or counties for public infrastructure to support such projects.
Loans or equity investments from the fund require matching investments from facility owners. For facilities located in the state's taconite tax relief area, the Iron Range Resources and Rehabilitation board may match the fund's investment.
MN State Programs
https://mn.gov/deed/business/financing-business/deed-programs/minerals/Category: MN State Programs
More MN State Programs
Minnesota's Angel Loan Fund Program (ALF) provides an additional funding option for businesses certified to participate in Minnesota's Angel Tax Credit Program.
Overview
The program provides a direct loan for 10 percent of the total amount of equity investment received in the business' approved...
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Overview
The Minnesota 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. DEED provides grant funds to a network of nonprofit lenders which use these funds for loans to start-up...
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Overview
Funds are awarded to local units of government who provide loans to assist expanding businesses. Cities, counties, townships and recognized Indian tribal governments are eligible for this fund.
Before You Apply
Use this checklist to determine if your project may be eligible for...
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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...
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Overview
Our Tourism Business Septic Tank Replacement Program makes low-interest financing available to existing tourism-related businesses that provide overnight lodging and need to replace a failed septic system.
Participation loans in cooperation with financial institutions can be made for up to 50 percent...
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