Launch MN Innovation Grants provides grants to innovative and scalable technology startup businesses in Minnesota. Business Operations Grants up to $35,000 and Matching SBIR/STTR Phase 1 and 2 Grants up to $50,000. Customers are startup companies focused on high technology, new proprietary technology, or a new proprietary product, process, or ...
The mission of Admin's Office of Grants Management is standardize, streamline and improve state grant-making practices, as well as to to increase public information about state grant opportunities.
The Minnesota Department of Employment and Economic Development (MN DEED) helps Minnesota's small businesses access millions of dollars annually through grants, loans, and tax credits. MN DEED’s Office of Small Business and Innovation also provides grants to organizations that directly support businesses looking to start and scale.
There are more than 81,000 farms in the state of Minnesota. Starting and managing a small business in Minnesota is not an easy task. Over $102,179,000,000.00 US dollars are paid to employee salaries/payroll alone in the state of Minnesota and more than 22,575 businesses declare bankruptcy every single year.
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. 2 main types of grants are available. These are the Innovation Grants, and the SBIR/STTR Matching Grants: Innovation Grants:
Grants offer an excellent opportunity to obtain financial assistance without the burden of repayment. In this guide, we’ll explore the top small business grants in Minnesota for 2025, detailing their descriptions, benefits, eligibility requirements, and how to apply. Whether you’re a startup, a nonprofit, or an established business, this ...
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.
These loans support small business owners or start-up entrepreneurs who create service, retail, local foods, and manufacturing businesses. $2,000 to $35,000 loan amounts. Building Blocks Loan Fund Southern Minnesota Initiative Foundation Financial resources and technical assistance to help expand or enhance licensed child care businesses.
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 ...
What types of small business grants are available in Minnesota? Minnesota provides various grants for small businesses, focusing on innovation and scalability. The Launch MN Innovation Grants offer substantial support, providing up to $35,000 for expenses like research and development. Government entities and nonprofits can explore grants ...
B loomington has launched several initiatives to foster business growth:. The Site Facade Improvement program offers matching grants up to $24,999 to help businesses enhance their building facades, signage, sidewalks, patios, lighting, landscaping and murals. Learn more at blm.mn/site-facade.. Welcoming Wednesdays is a monthly event to connect startups and entrepreneurs with free business ...
The 2023 Minnesota Legislature reauthorized the Launch Minnesota Grant program and funded it at $3 million; $1.5 million for each fiscal year (FY) 2024 and 2025. Innovation Grants include: Business operations: These grants provide up to $35,000 for business operations , including research and development, direct business expenses and technical ...
Awards in the amount of $10,000 are available. Currently, the small business section holds 43 grant opportunities, and that number is ever changing. Minnesota Department Of Admission's Grants ...
The Minnesota Department of Employment and Economic Development (DEED) announced the opening of applications for the new Minnesota Small Business Relief Grants Program. This program will make available $10,000 grants to Minnesotan owned and operated businesses that can demonstrate financial hardship as a result of the COVID-19 outbreak.
minority-owned or female-owned businesses; new text end . new text begin (4) ... 30, 2027, for Minnesota grown grants in this paragraph are available until June 30, 2029. ... $1,250,000 the first year is for grants to facilitate the start-up, modernization, or expansion of meat, poultry, egg, and milk
Small Business Assistance First point of contact for individuals and firms with questions about the start-up, operation, or expansion of a business in Minnesota. They produce numerous publications and informational videos. Phone: 651-556-8425 or 800-310-8323 Email: deed.mnsbao@state.mn.us Small Business Development Centers (SBDC)
The WomensNet Amber Grants awards multiple grants per year to women wishing to start or grow their own business. $10,000 is offered monthly in three separate categories (total of $30,000 per month available). Participants who win a monthly prize also automatically qualify for the draw for an annual $25,000 award – with three prizes available ...
Applications are now being accepted for two grant opportunities available through the Minnesota Department of Agriculture (MDA) aimed at helping value-added businesses and livestock product processors seeking to start-up, modernize, or expand their operations and increase their sales of Minnesota agricultural products.
Launch MN Provides grants to innovative and scalable Innovation Grants technology startup businesses in Minnesota. Business Operations Grants up to $35,000 and Matching SBIR/STTR Phase 1 and 2 Grants up to $50,0000. Startup companies focused on high tech, new proprietary tech, or a new proprietary product, process, or service in specified fields.
