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CHAPTER 15
<br />~,t;nn. star- 4 115.r.4~1. Cities outside the seven-county metropolitan area may receive grants from
<br />Greater Mir,nesata 13nsi„e~~ DEED for up to 50 percent of the capital costs of public infrastructure
<br />Develapm~."t lnrrastr"cuire Grant necessary for certain specified economic development projects, excluding
<br />Program.
<br />retail and office space. For this program, "public infrastructure" means
<br />publicly owned physical infrastructure necessary to support economic
<br />development projects, including but not limited to sewers, water supply
<br />systems, utility extensions, streets, wastewater treatment systems,
<br />stormwater management systems, and facilities for pretreatment of
<br />wastewater to remove phosphorus.
<br />t~linn. Star. § 1 t53.4~1, s~hd. 2. Under this law, an "economic development project" for which a county or
<br />city maybe eligible to receive a grant under this section includes
<br />manufacturing; technology; warehousing and distribution; research and
<br />development; agricultural processing or industrial park development that
<br />would be used by any one of these businesses.
<br />20 [ u Mimi. Laws ch. 1 ss, a ~~ DEED runs the Innovative Business Development Public Infrastructure
<br />amending A~timt. Stat. ~ 1157.4: j,
<br />as amenaea by zoo9 i4 inn. l.a~~~s (BDPI) program that provides grants to local governmental units on a
<br />~:~,. ss, §§ 1 and 2, and 21)09 competitive basis statewide for up to 50 percent of the capital cost of the
<br />Minn. t~~`~'' °`'. ?s, arl. ? ~ ~`. public infrastructure necessary to expand or retain jobs.
<br />lnne3vative B«siness "Innovative business" means a business that is engaged in, or is committed
<br />l)evelopmealt Program:
<br />Department of Employment and to engage in, innovation in Minnesota in one of the following:
<br />Economic Development. • Using proprietary technology to add value to a product, process, or
<br />service in a high technology field;
<br />20?0 ~-linn 1 a«s cn lFi9, ~ 39
<br />am~narng ~lfnn slat , 1151.42x,
<br />Researching or developing a proprietary product, process, or service in a
<br />as amended by 2009 Minn. Laws high teChriOlogy field;
<br />ch. ~:+, ~~ 1 and 2, and 201)9
<br />Tv4inn. l..at+a ~ h-'~;. alt. -': § r-'.
<br />• Researching, developing, or producing a new proprietary technology for
<br /> use in the fields of tourism, forestry, mining, transportation, or green
<br /> manufacturing.
<br /> "Proprietary technology" means the technical innovations that are unique
<br /> and legally awned or licensed by a business and includes, without limitation,
<br /> those innovations that are patented, patent pending, a subject of trade
<br /> secrets, or copyrighted. "Eligible project" means a bioscience an innovative
<br /> business development capital improvement project in this state, including:
<br /> • Manufacturing; technology; warehousing and distribution; research and
<br /> development;
<br /> • Bioscience innovative business incubator;
<br /> • Agricultural bio-processing processing; or industrial, office, or
<br /> • Research park development that would be used by abioscience-based an
<br /> innovative business.
<br />1.2i,tn. star, § z?z.az; sub<l. 54. DEED administers "tax-free" job opportunity building zones (JOBZ). In
<br /> each of these zones, businesses will be eligible for a broad range of tax
<br /> incentives for a period of 12 years. Under the program, local units of
<br /> government, including cities, must submit applications to DEED and follow
<br /> all statutory requirements related to JOBZ.
<br />HANDBOOK FOR MINNESOTA CITIES 15:19
<br />This chapter last revised 12/2010
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