Financing Programs

Our business financing programs help companies and communities retain existing jobs and create new high-quality jobs. Not all businesses are eligible. Qualifying businesses must meet specific job creation and wage goals.

Some programs are general in nature. Others focus on targeted regions of the state, on targeted industries that show job-growth potential, and on targeted groups of people.

Minnesota Investment Fund

Financing targets job creation in industrial, manufacturing and high-tech industries.

Minnesota Job Creation Fund

Provides up to $1 million after specified job creation and capital investment goals are achieved.

State Small Business Credit Initiative

Programs to help creditworthy companies get access to capital they need to grow.

Flood Recovery Financing

Awarded to local units of government, which use the funding to make loans to flood-affected businesses.

Urban Initiative Loan Program

Helps grow minority-owned businesses and creates jobs in economically distressed areas of the Twin Cities.

Indian Business Loan Program

Supports Indian-owned businesses and promotes economic opportunities for Indian people statewide.

Small Business Development Loan Program

Provides financing for business expansions that result in the creation of new jobs.

Minnesota Reservist and Veteran Business Loan Program

For companies with employees called to active duty and veterans returning from active duty.

Tourism Business Septic Tank Replacement

Provides financing to help certain tourism-related businesses replace failed septic systems.

Minnesota Minerals 21st Century Fund

Provides loans to or makes equity investments in innovative mineral processing facilities.


Innovation Voucher Program

Helps small businesses bring innovative new products and services to market.