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RELEVANT LINKS: <br />League of Minnesota Cities Handbook for Minnesota Cities 8/1/2023 <br />Community Development and Redevelopment Chapter 14 | Page 22 <br />Minn. Stat. § 116J.431, subd. <br />2. 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 /> Up to 15 percent of the development of a project may be used for a <br />purpose that is not included under this law as an eligible project. A city or <br />county would have to provide notice to the commissioner for approval. <br />Minn. Stat. § 116J.435. <br />Department of Employment <br />and Economic Development: <br />Innovative Business <br />Development Program. <br />DEED also runs the Innovative Business Development Public <br />Infrastructure (BDPI) program, which provides grants to local <br />governmental units on a competitive basis statewide for up to 50% of the <br />capital cost of the public infrastructure necessary to expand or retain jobs. <br />Minn. Stat. § 116J.435 subd. <br />2. “Innovative business” means a business that is engaged in, or is <br />committed 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 /> “Proprietary technology” means the technical innovations that are unique <br />and legally owned or licensed by a business and includes, without <br />limitation, those innovations that are patented, patent pending, a subject of <br />trade secrets, or copyrighted. <br /> “Eligible project” means an innovative business development capital <br />improvement project in this state, including: <br /> • Manufacturing, technology, warehousing and distribution, and <br />research and development. <br />• Innovative business incubator. <br />• Agricultural processing, or industrial, office, or research park <br />development that would be used by an innovative business. <br /> C. Enterprise Minnesota <br />Minn. Stat. ch. 116O. <br /> <br /> <br />Enterprise Minnesota is a nonprofit business consulting organization, set <br />up by the Legislature that helps small and medium-sized manufacturing <br />companies, education services, and government entities in Minnesota. <br />Enterprise Minnesota operates as a fee-for-services 501(c)(3) nonprofit.