SEED Capital Investment Program
The SEED Capital Investment Program provides tax incentives for investing in innovative business located in the Minnesota border cities of Breckenridge, Dilworth, East Grand Forks, Moorhead, and Ortonville. Investors who invest in qualified businesses may receive a 45% tax credit on their investment, up to $112,500 per year. Qualified businesses are those which have a significant operation in a border city, employ Minnesota residents as a majority of their employees, and rely on innovation, research, or the development of new products and processes for their growth, among other criteria.
For more information about the program, see the SEED Capital Investment Credit Fact Sheet.
Businesses seeking certification should complete the SEED Certification Application [PDF].