PROGRAMS

Chisago County HRA- EDA’s tag-line is  “A Natural Resource for Business” and we are here to be a resource for your business.

Entrepreneurs and business are an essential part of Chisago County. We understand the importance of having resources available for starting and expanding a business. Everyone who has a new idea or is interested in growing a business is welcome to contact the Chisago County HRA-EDA to learn more about the many programs offered in Chisago County through the HRA-EDA and our partners. We are versed in the resources provided here and many more resources that are not listed. We would love to meet you and assist you in your efforts to flourish within our community.

SMALL BUSINESS DEVELOPMENT
CENTER – (SBDC)

The Chisago County HRA-EDA is also a SBDC office. We can help you put together a financial package utilizing these programs based on eligibility. Our business services are free and confidential.

TAX INCREMENT FINANCING
(TIF) AND TAX ABATEMENT

MN Department of Employment and Economic Developments (DEED) program to encourage job creation and capital investment in new or expanding qualified Tax Increment Financing (TIF) or Tax Abatement is generated from the new taxes as a result of an expansion, major rehabilitation or new construction. A portion of the taxes maybe “rebated back” to qualifying developments. Most often TIF is administered at the city level. The County’s policy and application may be found here.

BUSINESS LOAN
PROGRAMS

There are several lenders that provide nontraditional lending for business in Chisago County. Following are some of the options available for businesses. Staff at the HRA-EDA are ready to help you put together a financial package. Please contact us to assist you in determining the right programs for your business.

East Central Regional Development Commission –  Learn More >

Initiative Foundation – Learn More >

North Central Economic Development Assocation – Learn More >

USDA Business and Industry (BI) Guarantee – View PDF >

Small Business Administration – Learn More >

PACE – PROPERTY ASSESSED
CLEAN ENERGY

Property Assessed Clean Energy (PACE) is a great tool that helps building owners make smart investments in their properties and cut their utility bills through energy efficiency. Application may be made through the St. Paul Port Authority or the HRA-EDA.

BUSINESS FINANCE
PROGRAMS

Minnesota Department of Employment & Economic Development (DEED) offers a program through the city or county, who in turn makes a low interest loan to qualifying businesses. Click here for more information

OPPORTUNITY
ZONES

Established by Congress in the Tax Cut and Jobs Act of 2017 to encourage long-term investments. Property north of Hwy 95 in North Branch, MN has been designated as an Opportunity Zone.

MINNESOTA JOB
CREATION PROGRAM

MN Department of Employment and Economic Developments (DEED) program to encourage job creation and capital investment in new or expanding qualified businesses. Click here for more information

SMALL BUSINESS DEVELOPMENT
CENTER – (SBDC)

The Chisago County HRA-EDA is also a SBDC office. We can help you put together a financial package utilizing these programs based on eligibility. Our business services are free and confidential.

TAX INCREMENT FINANCING
(TIF) AND TAX ABATEMENT

MN Department of Employment and Economic Developments (DEED) program to encourage job creation and capital investment in new or expanding qualified Tax Increment Financing (TIF) or Tax Abatement is generated from the new taxes as a result of an expansion, major rehabilitation or new construction. A portion of the taxes maybe “rebated back” to qualifying developments. Most often TIF is administered at the city level. The County’s policy and application may be found here.

BUSINESS LOAN
PROGRAMS

There are several lenders that provide nontraditional lending for business in Chisago County. Following are some of the options available for businesses. Staff at the HRA-EDA are ready to help you put together a financial package. Please contact us to assist you in determining the right programs for your business.

East Central Regional Development Commission –  Learn More >

Initiative Foundation – Learn More >

North Central Economic Development Assocation – Learn More >

USDA Business and Industry (BI) Guarantee – View PDF >

Small Business Administration – Learn More >

PACE – PROPERTY ASSESSED
CLEAN ENERGY

Property Assessed Clean Energy (PACE) is a great tool that helps building owners make smart investments in their properties and cut their utility bills through energy efficiency. Application may be made through the St. Paul Port Authority or the HRA-EDA.

BUSINESS FINANCE
PROGRAMS

Minnesota Department of Employment & Economic Development (DEED) offers a program through the city or county, who in turn makes a low interest loan to qualifying businesses. Click here for more information

OPPORTUNITY
ZONES

Established by Congress in the Tax Cut and Jobs Act of 2017 to encourage long-term investments. Property north of Hwy 95 in North Branch, MN has been designated as an Opportunity Zone.

MINNESOTA JOB
CREATION PROGRAM

MN Department of Employment and Economic Developments (DEED) program to encourage job creation and capital investment in new or expanding qualified businesses. Click here for more information