Grant and Loan Programs

Revolving Loan Fund
This program assists in financing equipment, construction, acquisition, and remodeling projects. Businesses can apply for up to $149,999 and interest is fixed for the loan term. 
Revolving Loan Policy
Revolving Loan Fund Application

Waconia Works Loan Fund
This program assists small business in the financing of equipment, tenant finish, acquisition, construction and remodling projects. Businesses can apply for up to $50,000 and interest is fixed for the loan term. This is no collateral required program. 


Façade Improvement Grant Program
This program matches owner investment up to $5,000 for eligible building envelope improvements in the central business district. Projects could include painting, window and door replacement, signage, awnings, and accessibility improvements.
Façade Improvement Program Policy
Façade Improvement Grant Application

Start Up Grant Program
This program matches owner investment up to $5,000 for eligible businesses expenses in the central business district. Businesses must be in their first twelve months of operation and providing retail, food, and beverage services to the community. 
Start Up Grant Program Policy
Start Up Grant Application

  1. Shane Fineran

    City Administrator
    Phone: 9524423100

  2. Nicole Meyer

    Director
    Phone: 952-442-3108

  3. Lane Braaten

    Community Development Director
    Phone: 952-442-3106