Small Business Grants in Minnesota
Minnesota combines a highly educated workforce, strong corporate presence, and commitment to social enterprise with a growing startup ecosystem. The Twin Cities (Minneapolis-Saint Paul) anchor the state's economy, while Greater Minnesota offers opportunities in agriculture, manufacturing, and renewable energy. Minnesota's grant landscape reflects the state's values — with particular emphasis on equity, sustainability, and community impact.
Economic Overview
Minnesota has approximately 550,000 small businesses employing over 1.2 million workers. The state is home to 17 Fortune 500 companies (including Target, UnitedHealth, Best Buy, and 3M). The economy spans healthcare, financial services, food processing, manufacturing, technology, and agriculture. Minnesota has one of the highest median household incomes in the US and a workforce known for its productivity and education levels.
State Grant Programs
The Minnesota Department of Employment and Economic Development (DEED) offers the Minnesota Investment Fund, the Job Creation Fund, and various workforce training grants. The Launch Minnesota initiative supports startups with grants, mentorship, and connections to capital. The Minnesota SBDC operates through the University of St. Thomas. The Initiative Foundation and other regional foundations provide grants to Greater Minnesota businesses. The state's Angel Tax Credit encourages early-stage investment.
How to Apply
Visit DEED and Launch Minnesota websites. Contact the Minnesota SBDC for free advising. Explore regional foundations if you are in Greater Minnesota. For startup funding, the Angel Tax Credit program encourages investment. Register at SAM.gov for federal grants.
Featured Opportunities17 Active
Award Amount
$4,000 - $4,000
NASE Growth Grant 2025
Award Amount
$10,000 - $25,000
Amber Grant for Women
Award Amount
$275,000 - $275,000
America's Seed Fund (SBIR Phase I)
Award Amount
$10,000 - $10,000
FedEx Entrepreneur Fund (Boost Camp)
Award Amount
$10,000 - $500,000
Rural Business Development Grants
Award Amount
$5,000 - $5,000
American Express Backing Small Business
Award Amount
$1,000 - $1,000
Skip Monthly Business Grants
Award Amount
$5,000 - $5,000
IFundWomen Universal Grant
Award Amount
$10,000 - $10,000
Verizon Small Business Digital Ready
Award Amount
$10,000 - $10,000
Venmo Small Business Grant
Award Amount
$10,000 - $10,000
LegalZoom Fast Break for Small Business
Award Amount
$30,000 - $100,000
Cartier Women's Initiative
Award Amount
$50,000 - $50,000
EmpowHer Grant
Award Amount
$20,000 - $20,000
Amex Shop Small Grants
Award Amount
$20,000 - $20,000
Intuit Small Business Hero
Award Amount
$10,000 - $10,000
Skip's $10k Kickoff Grant
Frequently Asked Questions
What grants are available for Minnesota small businesses?▼
Minnesota offers the Minnesota Investment Fund, Job Creation Fund, Launch Minnesota startup grants, Angel Tax Credit, regional foundation grants, and federal SBIR/STTR and USDA programs.
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Most businesses rely on lines of credit rather than grants. Check your eligibility for up to $250k in fast funding.
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