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Launch MN Innovation Grants

Launch Minnesota Innovation Grants are targeted to the most promising innovative scalable technology businesses in Minnesota. Together, we’re working to help reduce the risk for Minnesota technology startups and entrepreneurs, who are solving problems and growing our state’s innovation ecosystem.

The Minnesota Legislature reauthorized funding at $1.5 million for fiscal years 2022 and 2023.

Innovation Grants include:

  • Business operations: These grants provide up to $35,000 for business operations, including research and development, direct business expenses and technical assistance.
  • SBIR/STTR Matching Grant: These grants are for first time Phase I and Phase II awardees and will be based on sliding scale of their Federal award (up to $35,000 for Phase I awards and up to $50,000 for Phase II awards).

Businesses are eligible to receive one of each grant over the two-year period. Increased consideration is given to startups located in Greater Minnesota, as well as businesses owned by women, veterans, and/or owners who identify as BIPOC (Black, Indigenous, People of Color).

Before applying, potential applicants should review additional eligibility requirements detailed in the eligibility document. Applications are reviewed by the Launch Minnesota advisory board, an internal review committee, and finally by the DEED Commissioner’s Office on a rolling basis.

Grant Details and Application Portal

The schedule to apply for grants for this fiscal year is as follows:

Business Operations Grant

Application Period Applications Reviewed Applicants Notified
July 10, 2022 - August 31, 2022 September 2022 Mid-October 2022
September 1, 2022 - October 31, 2022 November 2022 Mid-December 2022
November 1, 2022 - December 31, 2022 January 2023 Mid-February 2023
January 1, 2023 - February 28, 2023 March 2023 Mid-April 2023
March 1, 2023 – April 30, 2023 May 2023 Mid-June 2023
May 1, 2023 - June 30, 2023 July 2023 Mid-August 2023

SBIR/STTR Matching Grant*

Application Period Applications Reviewed Applicants Notified
July 10, 2022 - July 31, 2022 August 2022 Early September 2022
August 1, 2022 - August 31, 2022 September 2022 Early October 2022
September 1, 2022 - September 30, 2022 October 2022 Early November 2022
October 1, 2022 - October 31, 2022 November 2022 Early December 2022
November 1, 2022 - November 30, 2022 December 2022 Early January 2023
December 1, 2022 - December 31, 2022 January 2023 Early February 2023

*SBIR/STTR matching grants will be awarded on a first-come-first-serve basis.

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