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With more than $11,744.00 million dollars in grants and additional local government funding sources of $9,304.00 million dollars, the majority of the federal budget in government grants is put into the business sector every year as small businesses and large corporations are the foundation of the economic growth in Minnesota.

NOTE: As of April 9, 2025 the Minnesota legislature is currently considering changes to the requirements of this program. The Department of Employment and Economic Development is advising Promise Act grant partners to pause plans to accept any new applications until those changes are finalized and signed into law.

Launch Minnesota's FY 2025 grant funding of $1.5 million was available beginning July 1, 2024. As of January 31, 2025 funding for the FY 2025 Business Operations Grants has been fully exhausted. As of September 30, 2024 funding for FY 2025 SBIR/STTR grants has been fully exhausted. Application Period

Skip is offering its $10,000 Small Business Grants to entrepreneurs across the U.S. to provide financial support for small businesses. With a limited number of applications accepted, qualified applicants have a greater chance of receiving funding. Applications are due by April 25, 2025. Small Business Digital Readiness Program.

Minnesota’s small business grants for 2025 present a wealth of opportunities for entrepreneurs and established businesses. By leveraging these funding programs, you can grow your business, create jobs, and contribute to Minnesota’s vibrant economy. Take the time to review each grant’s criteria and deadlines carefully.

The Notice of Funding Opportunity inviting applications for grants to provide Technical Assistance for passenger Rural Transportation (RT) Systems under the Rural Business Development Grant (RBDG) program for Fiscal year 2025 and the terms for such funding. Federal Register Notice. Application Dates – Open Date: January 6, 2025

Small businesses in Minnesota can also take advantage of Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. These federal programs offer competitive matching grants that help small businesses explore their technological potential and incentivize commercialization of their innovations. They provide ...

Launch Minnesota’s FY 2025 grant funding of $1.5 million is available beginning July 1, 2024. As of March 21, 2024, funding for FY 2024 has been fully exhausted. ... SBIR/STTR Matching Grants: The Minnesota Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) Matching Grant provides funding to Federal SBIR/STTR ...

A second round of grants is planned for 2025. More details on the grant program can be found on the Southwest Initiative Foundation website. Minnesota small businesses located outside of the Southwest Minnesota SBDC and SWIF's service area can be find their regional Promise Act Grant Program partner on DEED’s website.

The Initiative Foundation anticipates administering a second round of PROMISE Act grants in 2025. Funded by the Minnesota Legislature and guided by the Minnesota Department of Employment and Economic Development (DEED), PROMISE Act grants ranging from $10,000 to $50,000 are awarded to businesses to invest in existing operations or planned ...

Business Programs; Contact Us; Apply for Grants. Government grants in Minnesota 2025/2026. Since 2000, we have tracked over 130 funding programs and $462.31MM Government grants in Minnesota to date. ... NCI Small Grants Program for Cancer Research (NCI Omnibus) (R03 Clinical Trial Optional) ...

There are more than 22,575 businesses or even large corporations declare bankruptcy every year. To reduce the risks, you need to research into as many funding sources as possible. Here is more information on Minnesota Small Business Grants. Minnesota Education Grants: Education plays an important sector in Minnesota. The federal government in ...

2️⃣ Nav’s Small Business Grant. Amount: $10,000 grand prize + runner-up awards Who it’s for: Any U.S.-based small business, with extra visibility given to creative or underserved industries. Frequency: Runs 3–4 times a year. How it works: You create a business profile and pitch your story (video or written). Perk: Even if you don’t win, you get exposure and possible financing help.

Be located or reside in Minnesota and be authorized to conduct business in Minnesota. The MDA anticipates awarding approximately $2 million between the two programs in 2025 using a competitive review process. The maximum award amount for each grant is $150,000, and the minimum is $1,000.

Business loans may provide an alternative source of funding for your business or new venture. Also look at Small business loans in Minnesota.. Online lenders will typically be the best option for this type of financing, but you may pay higher interest rates and fees than you would with traditional banks. Credit checks are standard with most commercial financing, but depending on the type of ...

Minnesota offers several funding opportunities for startups, including grants for minority-owned businesses and women entrepreneurs. Specific programs exist to support local enterprises, such as the Minnesota Small Business Relief Grant Program and options in Hennepin County. What types of small business grants are available in Minnesota?

Minnesota Senate · Minnesota Senate Bldg. - 95 University Avenue W., Saint Paul, MN 55155

Customers are new or existing Minnesota-based small businesses that are eligible under SSBCI guidelines and using funds for eligible business purposes, including working capital and startup costs. Direct Investment and Multi-Fund Investment Venture Capital Programs make direct investments in Minnesota-based startups, including those at the seed ...

The Small Business Loan Participation Program helps expand financing options for Minnesota-based small businesses with fewer than 500 employees. Businesses can use loan funds for a range of purposes, including equipment purchases, working capital and startup costs, as well as real estate purchase, construction, renovation, or tenant ...