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RELEVANT LINKS: <br />Minn. Stat. §§ 116J.411 to <br />116J.424. <br />Minn. Stat. § 116J.575. <br />See, Minnesota Department <br />of Employment and <br />Economic Development for <br />Local Government. <br />The USDA Development. <br />Minn. Stat. § 116J.431. <br />Greater Minnesota Business <br />Development Infrastructure <br />Grant Program. <br />Minn. Stat. § 116J.431, subd. <br />2. <br />Minn. Stat. § 116J.435. <br />Department of Employment <br />and Economic Development: <br />Innovative Business <br />Development Program. <br />Minn. Stat. § 116J.435. <br />DEED staff is responsible for a wide range of grant and loan programs, as <br />well as for providing technical assistance to businesses and communities. <br />DEED also provides grants for contamination cleanup and redevelopment. <br />A redevelopment account allows DEED to make grants to local units of <br />government up to 50 percent of the cost of redeveloping blighted <br />industrial, residential, or commercial property. DEED administers the rural <br />development program; makes challenge grants to regional organizations to <br />encourage private investment in rural areas; and administers a revolving <br />loan fund to provide loans to new and expanding business in rural <br />Minnesota. Local government units, including cities, may receive these <br />loans if the community has established a local revolving loan fund and can <br />provide at least an equal match to the loan received. <br />Cities outside the seven -county metropolitan area may receive grants from <br />DEED for up to 50 percent of the capital costs of public infrastructure <br />necessary for certain specified economic development projects, excluding <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 />Under this law, an "economic development project" for which a county or <br />city may be 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 />DEED runs the Innovative Business Development Public Infrastructure <br />(BDPI) program that provides grants to local governmental units on a <br />competitive basis statewide for up to 50 percent of the capital cost of the <br />public infrastructure necessary to expand or retain jobs. <br />"Innovative business" means a business that is engaged in, or is committed <br />to engage in, innovation in Minnesota in one of the following: <br />• Using proprietary technology to add value to a product, process, or <br />service in a high technology field. <br />• Researching or developing a proprietary product, process, or service in <br />a high technology field. <br />• Researching, developing, or producing a new proprietary technology <br />for use in the fields of tourism, forestry, mining, transportation, or <br />green manufacturing. <br />League of Minnesota Cities Handbook for Minnesota Cities 11/4/2014 <br />Community Development and Redevelopment Chapter 151 Page 21 <br />