Financing & Incentives
Find the Right Tools for Your Project.
Funding a business project often involves more than one source of capital. TCDC can help identify financing programs, incentives, and development resources that may fit your project.
Financing Incentives
Emerging Entrepreneur Loan Program (opens in a new tab)
Find participating lenders offering startup and expansion loans for qualifying Minnesota entrepreneurs.
Financing Incentives
Initiative Foundation Business Financing (opens in a new tab)
Explore business loans and financing support for starting or growing a company in Central Minnesota.
Financing Incentives
Minnesota Growth Loan Fund (opens in a new tab)
Financing for eligible early-stage Minnesota businesses raising equity to develop innovative products or services.
Financing Incentives
Minnesota Investment Fund (opens in a new tab)
Business expansion financing through local governments for eligible projects that create or retain jobs.
Financing Incentives
Minnesota Job Creation Fund (opens in a new tab)
Financial incentives for eligible businesses meeting job creation and capital investment requirements.
Financing Incentives
Minnesota Redevelopment Grant Program (opens in a new tab)
Help for local governments and development authorities preparing blighted sites for new economic use.
Financing Incentives
NCEDA Revolving Loan Fund (opens in a new tab)
Gap financing for business growth when traditional bank financing cannot cover the full project.
Financing Incentives
SBA Business Loans (opens in a new tab)
Compare SBA-backed loans, microloans and lender connections for starting, buying or expanding a business.
Financing Incentives
SBA Disaster Assistance (opens in a new tab)
Explore business disaster loans and check whether a current disaster declaration covers your location.
Financing Incentives
TCDC Revolving Loan Fund
Local financing for new and emerging businesses when traditional funding does not cover the full project.
Financing Incentives
Todd-Wadena Electric Cooperative Economic Development Loan Programs
Through partnerships with the USDA and Great River Energy, Todd-Wadena Electric Cooperative provides economic development funding opportunities.
Financing Incentives
USDA Business & Industry Loan Guarantees (opens in a new tab)
Lender-backed financing for eligible rural businesses investing in growth, equipment, property or other approved business needs.
Not Sure Which Program Fits?
Tell us about your project. TCDC can help you identify potential financing options, incentives, and development partners that may help move it forward.
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