Greater Minnesota Business Development Public Infrastructure Grant

Purpose
This program stimulates new economic development and/or creates or retains jobs in Greater Minnesota through public infrastructure investments for industrial park development and/or business expansion that would not occur without public financial assistance.

Customers and Services
Cities receive grants of up to 50 percent of the capital costs of industrial park development or other projects that will keep and/or enhance jobs, increase a city's tax base, and expand or create new economic development. Eligible applicants are statutory or home rule cities outside the seven-county Twin Cities metropolitan area. Eligible projects are publicly owned infrastructures that may include wastewater collection and treatment, drinking water, storm sewers, utility extensions, and streets that support economic development projects. Projects include manufacturing, technology, warehousing and distribution, research and development, and agricultural processing.

Measures - Reporting period is state fiscal year (SFY), July 1 - June 30

*In SFY 2011, this measure was changed from,"number of jobs created."

More DEED measures: Uniform Program Accountability Measures

Funding Source and Expenditure (in thousands)

Statutory Authority
-- Minn. Stat., Chap. 116J.431

Contact Information
Tom Gast, Acting Director
Phone: 651.259.7425 or toll-free: 800.657.3858; TTY: 651.296.3900

This information current as of December 2011.