Incentives
About JCF  Job Creation Fund (JCF) program provides job creation awards of up to $500,000 and capital investment rebates of up to $500,000 for qualifying businesses. Eligibility Eligible businesses will apply through a...
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Category: State Financing, State Incentives

Minnesota Department of Employment and Economic Development About MIF The Minnesota Investment Fund (MIF) was created to facilitate the creation & retention of high quality jobs on a statewide basis, increase both...
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Category: State Incentives, State Financing

Through our Minnesota Jobs Skills Partnership program we work strategically with businesses and educational institutions to train or retrain workers, expand work opportunities, and keep high-quality jobs in the state. Our...
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Category: Business Incentives

The REED Fund provides financing and helps leverage investment in small communities and rural areas, targeting projects that will promote growth and contribute to job creation, wealth creation and improvements...
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Category: Regional Financing

Minnesota Business Finance Corporation The Minnesota Business Finance Corporation (MBFC) is a nonprofit corporation set up to contribute to the economic development of the central Minnesota region. As a 504 Certified...
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Category: State and Federal Financing

About SBA 7(a) The 7(a) Loan Guaranty Program is one of SBA’s primary lending programs. It provides loans to small businesses that are unable to secure financing on reasonable terms through...
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Category: State and Federal Financing

About SBA Express Loans The SBA Express loan program is a simplified loan guarantee program that is essentially the same as its 7(a) loan program. The Express program is typically much...
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Category: State and Federal Financing

About Small Business Development Loans The Minnesota Agricultural and Economic Development Board (MAEDB) administers this loan program in order to promote the creation of jobs and assist business expansions in the...
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Category: State and Federal Financing

About the Micro-Enterprise Program The Micro-Enterprise Program of SWIF was created to help entrepreneurs develop small business and self-employment opportunities through micro-loans and technical assistance. Loans of $500 to $35,000 are...
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Category: Regional Financing

About the Renewable Energy Loan Program The purpose of the Renewable Energy Loan Program is to assist businesses engaged in renewable energy activities, whether directly or indirectly, that help build the...
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Category: Regional Financing

About the Revolving Loan Fund SWIF’s Revolving Loan Fund is designed to support small business growth throughout the 18-county southwest Minnesota region. Businesses that create and retain quality employment by generating...
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Category: Regional Financing

About the Small Communities Loan Program The Small Communities Loan Program offers loans in communities with populations of less than 1,500 for community-based projects that support and enhance the vitality of...
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Category: Regional Financing

About RLF    The Swift County and Swift County RDA Revolving Loan Funds are designed to provide gap financing for businesses and industry starting up or expanding within Swift County. The...
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Category: Local Financing, Local Incentives

About Tax Abatement  With Tax Abatement, the County rebates its portion of property taxes back to the property owner who then uses it to help offset development and/or redevelopment costs. The...
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Category: Local Incentives, Local Financing

About TIF   The Swift County Rural Development Authority is willing to consider the employment of Tax Increment Financing (TIF) for eligible projects. In a nutshell, the difference between a property’s...
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Category: Local Financing, Local Incentives

Prairieland Economic Development Corporation The Southwest Initiative Foundation (SWIF) is a regional organization funded by the McKnight Foundation for the purpose of promoting community and economic development over the 18 county...
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Category: State and Federal Financing

About Western Minnesota Revolving Loan Fund The WesMN RLF, a nonprofit 501 (c)(3) corporation, was established in 1988 as a gap financing lender for new or expanding businesses in Region 6W....
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Category: Regional Financing