Minnesota State Economic Development in St. Paul Minnesota

Address and phone number for Minnesota State Economic Development, an Economic Development Agency, at Minnesota Street, St. Paul MN.


Name
Minnesota State Economic Development
Address
332 Minnesota Street, St. Paul, Minnesota, 55101
Phone
651-259-7114

About the Minnesota State Economic Development

The Minnesota State Economic Development, located in St. Paul, MN, is a government agency that promotes business activity and development in the Ramsey 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 St. Paul. The EDA also offers small business support programs and land development programs.

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

The Economic Development Office promotes the Ramsey County area for business development, highlighting St. Paul as a favorable location to do business. The EDA works closely with Ramsey 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 Ramsey 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 St. Paul, MN

In St. Paul, 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 Minnesota State Economic Development maintains an inventory of available commercial land and commercial building space in St. Paul 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 Ramsey County permitting requirements, and connect small businesses with bidding opportunities for government contracts.

Economic Development Grants & Loans

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

Ramsey 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 Ramsey County level, or the St. Paul level. The Economic Development Office offers tax incentives or tax abatements on the theory that new businesses or expanding businesses generate job opportunities in Ramsey County and thus increase the tax base.

Contact the Minnesota State Economic Development

You may contact the Minnesota State Economic Development by calling 651-259-7114, or by addressing inquiries to the office mailing address: Minnesota State Economic Development, 332 Minnesota Street, St. Paul, Minnesota, 55101.


Map of Minnesota State Economic Development in St. Paul Minnesota


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