Whether you are considering business growth in Northeast Minnesota or Northwest Wisconsin, APEX can connect you with incentive programs that are appropriate to your company and project.

Minnesota Incentives

Job Opportunity Business Zones (JOBZ) offer qualified businesses substantial financial benefits in the form of tax exemptions and tax credits.

Minnesota Job Skills Partnership provides grants of up to $400,000 for job training through area higher educational institutions.

Duluth 1200 Fund, Inc., is a private nonprofit corporation charged with creating new jobs in Duluth. Assistance is based upon the number of new jobs created and participation by a private lending institution.

Minnesota Community Capital Fund (MCCF) allows member investors to leverage underutilized Revolving Loan Fund (RLF) capital on behalf of Greater Minnesota communities and economic development organizations. Loans range from $50,000 to $2.5 million.

Northland Foundation is a nonprofit dedicated to addressing economic, social and human needs in our area. It provides project financing at an interest rate below market for eligible borrowers.

Minnesota Investment Fund (MIF) provides funds to carry out specified initiatives, services or activities that create new employment, maintain existing employment, increase the local tax base, or otherwise increase economic activity in a community.

Wisconsin Incentives

Tax Increment Financing (Superior, Wis.) districts utilize property taxes generated by development to pay costs of the public improvements that make the project possible. 

Enterprise Development Zones provide tax incentives to new or expanding businesses whose projects will affect distressed areas. The Wisconsin Department of Commerce determines eligibility. 

Douglas County Revolving Loan Fund offers below market rate financing for land, buildings and equipment for projects located in Douglas County, based on the number and quality of jobs created.

Northwest Business Development Corporation provides below market rate loans to businesses located in Northwest Wisconsin, based on the number and quality of jobs created.

Wisconsin Department of Commerce Major Economic Development Loan Program provides below market rate financing.

Wisconsin Department of Commerce Industrial Revenue Bond Program allows cities to support industrial development through the sale of tax-exempt bonds.