Clean Technology and Renewable Energy
Overview
Our nationally known reputation for having the right combination of resources, expertise and supportive public policy makes Minnesota an excellent location to grow a clean technology or renewable energy business.
In fact, Minnesota is ranked in the top five states for Clean Technology by Site Selection magazine.
We've earned that recognition by making solid commitments and significant investments in developing the “green economy." Minnesota has several efforts underway to support the continued growth of clean technology and renewable energy companies in our state, including:
- One of the strongest renewable energy standards in the nation, requiring at least 25 percent of our electricity be generated by renewable resources by 2025.
- A Green Enterprise Assistance Team to help streamline legal, and regulatory processes and guide green business projects to appropriate state programs and services.
- Tax credits for research and development and Angel Tax Credits for investing in new and emerging companies focused on high technology or new proprietary technology.