Incentives
Results
Connexus Energy is offering a limited number of rebates to cover the fees of the MN Shovel Ready Certification process. The designation of “Shovel Ready” generally indicates a site has gone through all the planning, zoning, surveys, title work, environmental studies, soils analysis, public infrastructure...
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Businesses headquartered in Minnesota with fewer than 25 employees and engaged in the research or development of qualifying high-technology can qualify for up to $1 million in angel tax credits.
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The fund provides up to $1 million in grants to approved businesses after specified job creation and capital investment goals are achieved. Minimum requirements: 10 jobs created and $500,000 capital investment. Actual job creation and capital investment rebates are based on project parameters.
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The tax credit for RandD expenditures is 10 percent, up to the first $2 million in eligible expenses. The credit is 2.5 percent for eligible expenses above $2 million.
Individuals involved in partnerships, S-corporations and limited liability companies are allowed to claim the credit...
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Cities, counties, and development authorities may use tax increment financing to help finance costs of real estate development to encourage developers to construct buildings or other private improvements and to pay for public improvements, such as streets, sidewalks, sewer and water, and similar public infrastructure...
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