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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 companies must meet specific job creation and wage goals.

COVID-19 Emergency Business Assistance Programs

Emergency programs created to assist businesses during the COVID-19 pandemic.

Minnesota Investment Fund

The Minnesota Investment Fund provides financing to help companies expand, add workers and retain high-quality jobs.

Minnesota Job Creation Fund

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

Launch Minnesota

Designed in consultation with legislators from both parties, and alongside dozens of private sector leaders, the program exists to help grow Minnesota's startup ecosystem.

Launch Minnesota Grants

Check availability, how to apply, forms to fill out.

Minnesota Foreign Trade Zones

Store goods, assemble products, manufacture or re-export goods without paying Customs duties.

Emerging Entrepreneur Loan Program

Provides loan capital for businesses that are owned and operated by minorities, low-income persons, women, veterans and/or persons with disabilities.

Native American Business Loan Program

Supports Native-owned businesses and promotes economic opportunities for Native peoples statewide.

Reservist and Veteran Business Loan Program

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

Minnesota 21st Century Fund

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

Child Care Economic Development

DEED grants that are used to implement solutions to reduce the child care shortage in the state.

SBIR-STTR Federal Funding for High-Tech Companies

Small Business Innovation Research and Small Business Technology Transfer programs.

The State Small Business Credit Initiative

Minnesota has been approved by the U.S. Department of the Treasury for up to $97 million for small business financing support.

EB-5 Immigrant Investor Program

Offers permanent residency to certain foreign investors.

Community Wealth Building Program

Makes low-interest loans to community businesses that are at least 51% owned by targeted populations.

Promise Loan Program

Provides loans to businesses located in communities adversely affected by racial discrimination, civil unrest, and other challenges.

Minnesota Forward Fund

Provides grants and loans to businesses making large private capital investments in new and existing industries for which federal funding requires a state match.

Promise Act Grant Program

This program, through a series of statewide partner organizations, will award grants to eligible businesses in specific communities. A total of $86,480,000 million will be awarded as grants in multiple rounds.

Minnesota Expanding Opportunity Fund Program

Provides long-term loans to Minnesota nonprofit corporations to increase lending activities with Minnesota small businesses.

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