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Grants

Business Support Coming Soon to the Capitol Area

In the final bonding bill, $1 million was approved for the creation of a Capitol Area economic development grant program for the purpose of making grants to new and existing businesses within the Capitol Area in the amount of $50,000 to $150,000. You can read the complete language by clicking this link: Chapter 14, H.F. No. 17, Section 3, Subdivision 3.

As part of the CAAPB Vitality Initiative, the Saint Paul Port Authority is in the early stages of developing a new grant program to support businesses located within the Capitol Area (as defined in Minnesota Statutes, section 15B.02).

This program—funded through a legislative appropriation—will offer grants between $50,000 and $150,000 to help new and existing businesses invest in key improvements such as:

  • Operating equipment
  • Façade updates
  • Capital upgrades that strengthen business operations and presence

The goal is to help local businesses grow, enhance the area's vitality, and contribute to a more welcoming and inclusive Capitol district.

Stay in the Loop

Details are still being finalized. For updates and announcements as the program develops, check back here and sign up for GovDelivery emails to receive updates directly in your inbox.

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