Financing & Incentives

Financing and Incentives

The City is open to providing financing and incentive help for qualifying businesses.  Please contact City Administrator Thomas Terry at 952-461-2777 for more information. 

Elko New Market - Business Assistance Policy 

WomenVenture—Microloans up to $50,000.

MN DEED — Find info on state loan and tax credit programs to help MN businesses.

Small Business Administration - Local Assistance

Enterprise Minnesota — Funding to increase small manufacturers’ competitiveness

MN Angel Tax Credit Program — Find out if your business may be eligible for this program that makes innovative businesses more attractive to angel investors by providing a tax credit for their investment.

Department of Employment & Economic Development (DEED)

GREATER MSP (Greater Minneapolis-St. Paul Organization)