Greater Minnesota business infrastructure grants
The Greater Minnesota Business Development Public Infrastructure Grant Program was first developed in 2002. Rural communities, defined as communities outside of the seven-county metropolitan area, are eligible for a grant of up to $2 million when they match 50% of the capital costs for publicly owned infrastructure that assists in economic development. Economic development projects include manufacturing, technology, warehousing and distribution, research and development, agricultural processing, and industrial park development.
The proposal heard this week seeks to appropriate $5 million in FY 2020 and $5 million in FY 2021 to the Greater Minnesota Business Development Public Infrastructure Grant Program. The Minnesota Department of Employment and Economic Development (DEED) has a website that provides details on the current program.