Tax Credits

Growing your business can be difficult when you don't have the funding you need. Our tax credits programs can ease the cash crunch. Your business must meet certain criteria to be eligible for tax credits. Eligibility 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 Expansion Tax Refunds

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.

R&D Tax Credit Program

Equal to 10 percent of qualifying expenses up to $2 million for certain research and development 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.