Tax Credits

Trying to grow you business? Our tax credits programs can help. Businesses must meet certain criteria to be eligible for tax credits. Requirements are set by each program.

Angel Tax Credit Program

Provides incentives to invest in startup and emerging companies focused on high technology.

Greater MN Job Expansion Program

Sales tax refunds for 7 years to existing businesses expanding in Greater Minnesota.

Tax-Free Development (JOBZ)

Tax exemptions for expanding or relocating in targeted areas outside the Twin Cities.

Data Center Tax Incentives

Sales tax exemptions for 20 years on equipment for qualifying investments.

R&D Tax Credit Program

Equal to 10 percent of qualifying expenses up to $2 million for certain R&D activities.

Border-Cities Enterprise Zones

Provides tax credits for business investment, development, and job creation in qualifying cities.

SEED Capital Investment Credit

Incentives for business investments in targeted cities on Minnesota's western border.