Welcome to the All New CDFA.net Featuring State Pages
CDFA is proud to announce the new CDFA.net website
. A year in the making, this new site provides all of CDFA's vast resources with better style, navigation and resources. New additions to the website include state focus pages. Check out events, news, and resources available in Minnesota
and all that we have to offer today.
DEED Awards $320K from Capacity Building Program
The Minnesota Department of Employment and Economic Development awarded funding to 13 organizations. The program intends to help nonprofit groups develop financial management, governance, human resources, information technology, strategic planning, strategic alliances and accountability skills.
Minnesota Good Food Access Program Funding Introduced in Legislature
The Good Food Access Program is run by the Minnesota Department of Agriculture and was created to provide assistance to increase access to affordable foods in areas of the state currently struggling with a lack of access to grocery stores and other outlets that sell nutritious food.
Innovate MN Campaign Launched to Support Technology
Throughout the next year, the campaign will highlight Minnesota's culture of innovation by sharing stories of businesses and entrepreneurs on the cutting edge. In addition #InnovateMN will highlight DEED resources for Minnesotans who are looking for financing or technical assistance.
Audit Shows MN's R&D Tax Credit Does Not Pay For Itself
An audit of one of Minnesota's biggest business tax breaks found serious problems with the incentive, saying it lacks a specified purpose in law and does not pay for itself in the long run. The audit also found that the state isn't collecting enough data on the decades-old research and development tax breaks.
Angel Tax Credit Program Targets Underserved Groups
The popular Angel Tax Credit Program – which has attracted over $377 million for hundreds of high-tech startups in Minnesota since 2010 – will continue to focus much of its efforts on helping businesses owned by women and members of minority groups and for businesses located in Greater Minnesota.
MN is Facing a Housing Bond Shortage
It turns out that it's only the financing tools that are hopelessly complex. The story here sure isn't. The one basic fact that hasn't changed is the need for more places to live for people at the lower end of the income scale. Advocacy groups, such as Haven, are calling for a bigger slice of bonding capacity for housing.
States See Value in Backing 'Food Hubs' for Farmers, Consumers
The growth in locally sourced food, a market that totaled $12 billion in sales in 2014 and could reach $20 billion by 2019, coincides with rising consumer demand for healthier fresh food that is often grown organically and with environmentally friendly practices and food hubs are capitalizing on this market.