Launch Minnesota Grants
Launch Minnesota is a statewide collaborative effort to accelerate the growth of startups and amplify Minnesota as a national leader in innovation. The resources will focus on innovative scalable startups. Visit mn.gov/launchmn to learn more and see a list of grant recipients.
Applying for the Grants
The 2023 Minnesota Legislature reauthorized the Launch Minnesota Grant Program and funded it at $1.5 million for each fiscal year (FY) 2024 and 2025. Launch Minnesota Innovation Grants target the most promising, innovative businesses and technology in Minnesota. Together we’re working to support Minnesota startups and entrepreneurs who are solving problems and growing our state’s innovation ecosystem.
Available Funding
Launch Minnesota’s FY 2024 grant funding of $1.5 million is available beginning July 1, 2023. FY 2025 grant funding of $1.5 million is available beginning July 1, 2024. Approximately $1 million is available for Innovation Grants and $500K is available for SBIR/STTR Matching Grants.
Application Period
Applications for FY 2024 will be accepted beginning on August 1, 2023.