Business Finance Options

Business Finance Options

Incentives Directory



If you are a small business located in Redwood County, you are eligible to apply for funding through the Redwood County EDA.   Please submit back to Vicki Knobloch, Redwood...
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Category: Local Business Finance Options

The RADC staff administer the Downtown Revolving Loan fund for the City of Redwood Falls.
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Category: Local Business Finance Options

The purpose of theRedwood Falls Port Authority's revolving loan fund is to provide financial assistance to our industrial, manufacuting sector for equipment,/working capital to expand or grow their business.  The...
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Category: Local Business Finance Options

Southwest Regional Development Commission Revolving Loan Fund Program PROGRAM PURPOSE The purpose of the SRDC Revolving Loan Fund (RLF) is to directly loan funds to assist existing retail, service, manufacturing, and distribution businesses...
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Category: Business Finance Options

"Starting a Business in the Redwood Area" booklet provides you with a lot of the basic information that you will need to develop your business. A business plan is KEY to...
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Category: Local Business Finance Options

The Agricultural Finance Section offers low-interest loan programs to farmers for a wide variety of activities through the Rural Finance Authority.
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Category: Business Finance Options

Agricultural Utilization Research Institute (AURI) AURI was created to foster long term economic benefit through increased business and employment opportunities to rural Minnesota through: The identification and creation of new markets for...
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Category: Business Finance Options

What is economic development property tax abatement? Minnesota law authorizes political subdivisions to grant property tax abatements for economic development (e.g., to encourage a business to locate or expand at a location...
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Category: Business Finance Options

The following is a description of employment training programs which may be of value to your company: Job Training Partnership Act Programs (JTPA) JTPA programs offer financial incentives to employers for hiring...
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Category: Business Finance Options

Rural communities across America are working to strengthen their economies, provide better quality of life for residents, and build on assets such as traditional main streets, agricultural and working lands,...
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Category: Business Finance Options

We offer a variety of programs and services to help: jobseekers, businesses, local units of government and others.   You can navigate to the program you are looking for alphabetically unsign the links...
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Category: Business Finance Options

Minnesota's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment. Specific programs include the Job Opportunity Building Zone Program, Minnesota...
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Category: Business Finance Options

The Minnesota Investment Fund Grant Program is designed to address critical economic development needs throughout the State of Minnesota. The program is administered by the Minnesota Department of Trade and...
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Category: Business Finance Options

There are several small business loan programs from SBA, USDA, EDA, etc offered through the State, Counties, Cities, Economic Development Agencies and non profit groups to create jobs and grow...
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Category: Business Finance Options

The Job Creation Fund (JCF) program is DEED's newest program to encourage job creation and capital investment in new or expanding businesses. The program provides job creation awards of up...
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Category: Business Finance Options

Prairieland EDC can potentially finance a total of 90 percent of the project between the bank and the SBA (10 percent equity requirement). The SBA offers a 10- and 20-year...
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Category: Business Finance Options

The Small Business Administration (SBA) 7(a) Guaranteed Loan Program provides conventional lenders with guarantees of up to 90% for loans made to qualifying businesses for purposes of fixed asset or...
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Category: Business Finance Options

A strong, diverse economy that capitalizes on existing assets in the region is a key to a prosperous future for southwest Minnesota. For more than 20 years, the Southwest Initiative...
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Category: Business Finance Options

A strong, diverse economy that capitalizes on existing assets in the region is a key to a prosperous future for southwest Minnesota. For more than 20 years, the Southwest Initiative...
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Category: Business Finance Options

The Micro-Loan Program of the Southwest Minnesota Foundation (SWMF} was developed to provide loans to small local businesses. The creation of new jobs is a primary consideration in funding as...
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Category: Business Finance Options

Tax increment financing uses the increase in property taxes generated by new development to finance qualified public improvement costs related to that development. The difference between the current property tax...
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Category: Business Finance Options, Tax Incentives

A partnership of the Southwest Minnesota Foundation, Minnesota Technology, Inc. and the Greater Southwest Development Corporation Purpose The purpose of the Technology Development Fund is to assist businesses in the development or...
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Category: Business Finance Options

Since Redwood is a rural county, its businesses are eligible for loan guarantees from the United States Department of Agriculture (USDA). These range from 80% loan guarantees for loans of...
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Category: Business Finance Options

Loan Criteria and Definitions 1. Eligibility: Eligible businesses may be either start-ups or expansion projects. The type of businesses include, but are not limited to, those engaged in: Technologically innovative industries Value added manufacturing Agri-processing Information...
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Category: Business Finance Options



Fast Fact Image

"Living in the Cities for four years made me appreciate the kind of lifestyle the rural area has to offer.  It is a wonderful place to raise a family, and people are not too busy to wave when passing by or just stop to visit.  I felt a strong desire to bring a form of quality of healthcare back to this area."

Dr. Kyle Pankonin, Lamberton

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