SECTION HIGHLIGHTS

Financial Assistance

Financial Assistance

Read about our business incentives for moving your business into the northland.
financial | workforce | tax-free zone

Site Selection Factors

Site Selection Factors


more information


Serving the Iron Range and northeastern Minnesota

150 Years of Statehood

Business Development Financing Program

Iron Range Resources' Business Development Financing program helps establish new businesses, and expand existing businesses. This effort, in turn, helps create and maintain productive, permanent skilled employment through the region. The agency is limited by law to a maximum of 50% participation of financed eligible project costs.

Click here to view the Financial and Technical Resouce Guide.  Iron Range Resources collaborates with an extensive business resource network to provide a wide range of incentives for sound, sustaining business development.

Click here to view the guidelines and fill out a pre-application for the Business Development Financing Program. Pre-applications are reviewed by the agency's Development Strategies Division. If your pre-application meets the guidelines for eligibility, a full application will be forwarded to you.

Contact our Development Strategies Division for more information. 1-800-765-5043 or 218-744-7400 or E-mail: DevelopmentStrategies@state.mn.us