Business Financial Resources

Façade Improvement Program

The City of Hopkins periodically offers funding opportunities to downtown businesses for façade improvements. Eligible property owners, or business owners, may apply for funding assistance up to 50 percent of the cost of improvements — up to $25,000. Learn more

SBA 504 Loan

The 504 loan program provides long-term, fixed rate financing for major fixed assets that promote business growth and job creation. Learn more 

Minnesota Investment Fund

The Minnesota Investment Fund provides financing to help add new workers and retain high-quality jobs on a statewide basis. The focus is on industrial, manufacturing and technology-related industries. Learn more

Job Creation Fund 

The Job Creation Fund provides financial incentives to new and expanding businesses that meet certain job creation and capital investment targets. Learn more

TIF

The Tax Increment Finance Districts division undertakes and administers miscellaneous development activities funded through tax increment districts. Learn more