$50K
per applicant
Point-of-Sale Rebate
Discount at purchase
Rolling
No fixed cutoff
Instant
Applied at purchase
Simple
Short form or instant
Minnesota's Building Electric Vehicles and More (BEAM) program provides rebates to businesses replacing diesel fleet vehicles with electric alternatives. The program focuses on commercial vans, trucks, and buses operating in Minnesota.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Replacing a diesel vehicle ≥2010 MY or older
2.New replacement must be BEV or PHEV
3.Vehicle registered and operated in Minnesota
4.Scrappage of old vehicle required
5.Businesses with up to 500 employees preferred
DEED · Minnesota
Credit equal to 25% of investment in certified Minnesota startup companies, available to both individual and corporate investors. Certified businesses must be in technology, new proprietary products/processes, or meet other qualifying criteria. Annual statewide credit cap of $17 million.
SBA · United States
The SBA 7(a) loan program provides government-guaranteed financing for small businesses pursuing clean energy projects, energy efficiency upgrades, and sustainability investments. IRA amendments expanded eligible uses to include solar, EV charging, energy storage, and efficiency retrofits.
FHWA · United States
Provides grants covering up to 80% of eligible costs for EV charging stations along designated Alternative Fuel Corridors. Stations must be spaced every 50 miles and within 1 mile of the highway exit. Administered by state DOTs using federal IIJA funding.