![State Grant Program to Reward Job Creation](http://townsquare.media/site/67/files/2012/11/state_capitol_630x420_getty.jpg?w=980&q=75)
State Grant Program to Reward Job Creation
ST. PAUL (AP) - Minnesota lawmakers are pushing a new grant program that would give government rebates and bonuses to companies that upgrade facilities and add new jobs.
The proposed $18.5 million Minnesota Job Creation Fund is a feature of an economic development package set for consideration Thursday by a House budget committee.
The program includes awards of up to $2,000,000 to eligible companies engaged in the manufacturing, warehousing, distribution, information technology, finance and insurance industries. The companies have to commit to spending a minimum amount on construction or capital projects and add a certain number of employees to their payroll each year.
The grants would depend on the size of the expansion, number of new employees and worker pay.
Positions paying at least $45,000 could fetch companies awards of $3,000 per worker.
More From AM 1240 WJON
![Two Central Minnesota Business Awarded Job Creation Funding](http://townsquare.media/site/67/files/2015/12/Job-Application.jpg?w=980&q=75)
![Shutdown Over, Dayton To ‘Do What I Can’ On Jobs](http://townsquare.media/site/67/files/2011/02/mark_dayton_official_400x300.jpg?w=980&q=75)
![Support And Unity: Sherburne County Leaders Condemn Violence In Political Disagreements](http://townsquare.media/site/67/files/2024/07/attachment-Trump-AssassinationAttempt-GettyImages.jpg?w=980&q=75)
![St. Ben’s, St. John’s Official Higher Ed Partners with MN United](http://townsquare.media/site/70/files/2019/11/soccer_ball_getty_Michael-Regan_Getty24.jpg?w=980&q=75)
![Gas Prices Fall in Minnesota, Rise Nationally](http://townsquare.media/site/67/files/2023/04/attachment-GettyImages-97962772.jpg?w=980&q=75)
![St. Cloud’s Coborn’s, CentraCare Make List of Biggest Minnesota Employers](http://townsquare.media/site/67/files/2024/07/attachment-Jobs3-Thinkstock-GettyImages.jpg?w=980&q=75)
![Central MN Meat Market Introduces 24/7 Meat Vending Machine](http://townsquare.media/site/67/files/2024/07/attachment-Jen-and-Travis.jpg?w=980&q=75)
![Becker Woman Hurt in Crash Near Spicer](http://townsquare.media/site/67/files/2023/06/State-Patrol-Stock-2.jpg?w=980&q=75)
![Get Ready For Change: Minnesota Introduces Area Code 924 Overlay](http://townsquare.media/site/67/files/2024/07/attachment-NewAreaCode.jpg?w=980&q=75)