Minneapolis Economic Development in Minneapolis Minnesota

Address and phone number for Minneapolis Economic Development, an Economic Development Agency, at S 9th St, Minneapolis MN.


Name
Minneapolis Economic Development
Address
81 S 9th St, Minneapolis, Minnesota, 55402
Phone
612-370-9170

About the Minneapolis Economic Development

The Minneapolis Economic Development, located in Minneapolis, MN, is a government agency that promotes business activity and development in the Hennepin County area. The Economic Development Agency (EDA) attracts and retains business, promotes development to increase employment and the tax base, and encourages a thriving economic environment in Minneapolis. The EDA also offers small business support programs and land development programs.

You may contact the Economic Development Office for questions about:
  • Minneapolis Economic Development programs and services
  • City and community development
  • Job creation, training, and workforce development
  • Hennepin County Economic Development funds
  • EDA grants and funding
Minneapolis Business and Workforce Development

The Economic Development Office promotes the Hennepin County area for business development, highlighting Minneapolis as a favorable location to do business. The EDA works closely with Hennepin County Chambers of Commerce and business groups to market the region for business development. To promote business, the EDA creates marketing materials, creates promotional advertising, and organizes Hennepin County business expos. In addition to business development, the Economic Development Office promotes workforce development through job creation programs and training opportunities.

Land Development Programs in Minneapolis, MN

In Minneapolis, the Economic Development Center seeks developers for undeveloped land or areas in need of redevelopment. They market development opportunities and identify obstacles to development, such as site contamination or a lack of funding. The Minneapolis Economic Development maintains an inventory of available commercial land and commercial building space in Minneapolis to match developers, landlords, and business owners with prime locations.

Small Business Support Programs

As part of its business development agenda, the Economic Development Agency offers small business support programs. These programs provide ombudsmen services, support small businesses with licensing and Hennepin County permitting requirements, and connect small businesses with bidding opportunities for government contracts.

Economic Development Grants & Loans

The Economic Development Office administers Hennepin County grants and loans. These include Brownfield Redevelopment grants, facade improvement grants, and Hennepin County public improvement grants. Businesses can also qualify for Hennepin County loan programs, often with below-market interest rates and less stringent credit requirements than business loans from traditional financing institutions.

Hennepin County Tax Incentives

In Minnesota, the Economic Development Corporation administers tax incentives for businesses that expand or relocate within the jurisdiction. Funding for tax incentives may come from the Minnesota state level, the Hennepin County level, or the Minneapolis level. The Economic Development Office offers tax incentives or tax abatements on the theory that new businesses or expanding businesses generate job opportunities in Hennepin County and thus increase the tax base.

Contact the Minneapolis Economic Development

You may contact the Minneapolis Economic Development by calling 612-370-9170, or by addressing inquiries to the office mailing address: Minneapolis Economic Development, 81 S 9th St, Minneapolis, Minnesota, 55402.


Map of Minneapolis Economic Development in Minneapolis Minnesota


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