Financial Assistance

financial-2Financial Assistance

Not having the financial resources to implement projects can be a barrier to pollution prevention. The following resources, including grant and loan programs, may provide you the financial assistance you need to make improvements in your facility.

Grants

GrantDescriptionFunding Agency
Environmental Assistance GrantsAvailable to businesses and organizations in Minnesota for environmental projects that meet one of the agency’s priority strategic goals.Minnesota Pollution Control Agency
Grants.govWeb clearinghouse of all grants available through 26 Federal agencies.Various agencies
MN GrantsThis website provides a single entry point to State of Minnesota grant opportunities.Minnesota Department of Administration
Growth Acceleration ProgramEnacted by the Minnesota State Legislature, the GAP helps Minnesota’s small manufacturing and manufacturing-related companies accelerate business improvements and the application of technologies.Enterprise Minnesota
BizRecycling Grant ProgramIf you own a business in either Ramsey or Washington County, BizRecycling Program grants can help you kick start or reinvigorate your existing recycling program! Ramsey County offers grants up to $10,000 to Ramsey & Washington County businesses to start or expand their recycling and organics program.Ramsey/Washington County Resource Recovery Project

Loans

ProgramDescriptionFunding Agency
Environmental Assistance Loan ProgramLoans are offered for half the prevailing interest rate to purchase market-ready pollution prevention technologies. Fifty percent of the loan funds are supplied by the lending institution at market rate and the remaining half is supplied by the MPCA at 0%.Minnesota Pollution Control Agency
City Financial AssistanceA wide array of financing programs, ranging from $1,000 to $10 million, for Minneapolis businesses as well as staff assistance in selecting the appropriate program.City of Minneapolis
Ramsey County Business Loan ProgramGap financing to for-profit commercial, industrial, or service start-ups or expanding businesses located in or moving to Ramsey County. Loans may be made for capital equipment.Ramsey County
DEED Business Financing ProgramsThe various programs, including tax credits and loans, are offered to help companies and communities retain existing jobs and create new high-quality jobs. Minnesota Dept. of Employment and Economic Dev.
Small Business Environmental Improvement Loan ProgramThe MPCA offers this loan program as a means to help small businesses help themselves with environmental projects. MPCA, Small Business Ombudsman
SBA LoansSBA offers a variety of loan programs for a variety of purposes.U.S. Small Business Administration
MinnPACEProperty-Assessed Clean Energy (PACE) is a way to finance energy efficiency and renewable energy projects for new or existing buildings of commercial, industrial, nonprofit, and multi-housing property owners with projects repaid as a separate item on their property tax assessment for a set period. MinnPACE operates statewide.St. Paul Port Authority
Rural Minnesota Energy BoardThe Rural Minnesota Energy Board’s PACE program is available for entities that operate in 18 counties in Southern Minnesota. Southwest Minnesota Regional Development Commission

Energy Loans and Rebates

Many energy utilities offer energy loans and rebates to meet the goals of their Conservation Improvement Programs.

UtilityLocation & Contact Information
CenterPoint EnergyMinneapolis
800-234-5800
Dakota Electric AssociationFarmington
651-463-6243
800-874-3409 ext. 243
Great River EnergyElk River
763-441-3121
Minnesota Energy Resources Corporation800-889-9508
Minnesota Power Co.Duluth,
218-722-2641
Minnesota Rural Electric AssociationMaple Grove
763-424-1020
Southern Minnesota Municipal Power AgencyRochester
800-237-8992
Otter Tail Power Co.Fergus Falls
218-739-8200
Xcel EnergyMinneapolis
800-481-4700
Fresh EnergyMinnesota utilities not listed here
651-225-0878

Like our content and want to share it with others? Please see our reprint policy.