What Incentives Are Available for Data Center Sites?

Data center sites have financial motivation to place their companies on a shovel-ready area in the Corridor!

• MN Tech Corridor’s electric costs are 23 percent lower than the national average. 
• Minnesota businesses with fewer than 25 employees that focus on research of qualifying high-tech can potentially gain up to $1 million in angel tax credits.
• Data or network operation companies with specific qualifications will receive sales tax exemptions on certain equipment and do not pay personal property tax.
• Approved companies can receive funding from the Minnesota Job Creation Fund.
• The region has impressive research and development tax credit options.

For more details on financial incentives, get in touch with our staff!