Economic Development

Empowering businesses to grow and thrive in Caledonia, Minnesota. Discover the resources, incentives, grants, and support available to help your business succeed.

Business Incentives & Assistance

  • Low-interest loans up to $25,000 for businesses and individuals to promote job creation and retention.

    • Land acquisition

    • New construction

    • Site improvements & renovations

    • Machinery and fixtures

  • Façade improvement assistance for Downtown Redevelopment Area properties.

    • 33% forgivable loan

    • 33% low-interest loan at 3%

    • 34% owner's equity

  • Property tax refunds based on increased property value from construction or renovation projects.

    • Percentage varies by investment

    • Duration based on job creation

    • Economic development focused

  • City assistance using additional property taxes generated by new real estate development projects.

    • Qualified applicants only

    • Development cost assistance

    • Real estate project support

Learn more about these business resources and incentives at Caledonia’s city website:

Learn more

Chamber Member
Boost Grant

$500 grants available for current dues-paid Caledonia Chamber of Commerce members to support business growth and development projects.

  • $500 per grant

  • Rolling application basis

  • Monthly board review

  • Various project types allowed

Download Application
Contact Chamber

Starting a Business Guide

This comprehensive business start-up guide covers every aspect of starting a business in Caledonia and the surrounding area.

  • Evaluating your business idea

  • Market research & business planning

  • Legal compliance & structure

  • Licensing & permits

  • Funding & financial planning

  • Marketing & employee management

Download Guide

Key Business Steps

Essential steps to get your business started in Minnesota.

  • Register with MN Secretary of State

  • Obtain Federal EIN Number

  • Get required licenses & permits

  • Choose business structure

  • Develop business & marketing plans

MN Business Registration

Workforce Development, Inc

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Southeast Minnesota's workforce development board provides career planning and business services.

  • Career planning services

  • Job training programs

  • Business recruitment support

  • Skills development

Caledonia Office:
110 East Grove St.
Caledonia, MN 55921
(507) 724-5231 | (800) 657-4629

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