DCA will helps companies explore financial assistance options. Locally, Austin has considerable resources for quality job growth projects. Additionally, the State of Minnesota is very competitive in financing and incentives for job creation. Together, DCA's local partners and the State of Minnesota help business prosper.

State Of Minnesota Department of Employment and Economic Development (DEED)

DEED's comprehensive business support programs ranging from job training to tax incentives to job creation grants.

Minnesota Investment Fund

The Minnesota Investment Fund provides financing to help companies expand, add workers and retain high-quality jobs.

Minnesota Job Creation Fund

Provides up to $1 million after specified job creation and capital investment goals are achieved.

Minnesota Angel Tax Credit

Minnesota's Angel Tax Credit provides a 25-percent credit to investors or investment funds that make equity investments in startup companies focused on high technology, new proprietary technology, or a new proprietary product, process or service in specified fields. The maximum credit is $125,000 per person, per year ($250,000 if filing jointly). The credit is refundable. Residents of other states and foreign countries are eligible.

Minnesota Job Skills Partnership

Provides grants of up to $400,000 to educational Institutions that partner with businesses to develop new-job training or retraining for existing employees.

Minnesota Job Training Incentive

Grants of up to $200,000 are awarded to eligible businesses to provide training for new jobs.