The Minnesota Senate committee that handles jobs and economic growth issues on Wednesday heard a bill (SF 582) by Senator John Jasinski (R-Faribault) that would provide $5 million for the Greater Minnesota Business Development Public Infrastructure Program (BDPI).
“One of the most successful economic development programs we have in Minnesota is the Business Development Public Infrastructure program,” Sen. Jasinski said. “When our smaller communities want to attract new businesses and new residents, they need infrastructure — good roads, reliable utilities, and water and sewer systems that work. This funding helps make that happen. BDPI has been remarkably powerful tool for promoting economic growth and prosperity across rural small towns. I am proud to continue supporting this terrific program.”
The Greater Minnesota BDPI Grant Program has been a vital tool for rural economic development. The grants help cities cover up to 50% of the cost for critical public infrastructure projects, including:
- Roads and streets leading to business areas
- Sewer and water systems to support commercial growth
- Utility connections for electricity and internet access
This program has already made a difference across the state, providing 167 grants since just 2010 that have created or retained tens of thousands of jobs.
BENEFITS OF GREATER MINNESOTA BDPI:
- Brings more jobs – Better infrastructure makes it easier for businesses to set up shop, bringing new jobs to rural Minnesota.
- Encourages business growth – Many companies won’t consider moving to a small town unless the roads, utilities, and water systems are in place. This funding helps local communities compete.
- Improves local services – Even if you don’t own a business, stronger infrastructure means better roads, cleaner water, and a more connected community.
- Keeps small towns thriving – Without modern infrastructure, rural areas struggle to attract and keep businesses. This bill helps ensure they stay economically strong.
Since 2010, the BDPI program has awarded more than $75 million in grants, helping towns and cities across Greater Minnesota build the infrastructure needed to grow. The funding has helped create over 5,000 new jobs and retain nearly 9,500 more.
The bill was laid over and will be considered for a larger jobs and economic development bill later in session.