United States / Funding / By state / Minnesota
Funding for startups in Minnesota
Minnesota runs 8 programmes of its own. The 63 federal programmes further down are open to Minnesota companies too. We read each one on its official site and note the date we checked.
Run by Minnesota and local bodies
Angel Tax Credit
Minnesota Department of Employment and Economic Development (DEED) · Minnesota
State tax credit for investors backing a certified early-stage Minnesota business, helping it attract angel capital.
Emerging Entrepreneur Loan Program
Minnesota Department of Employment and Economic Development (DEED) · Minnesota
State-backed loans for minority-owned and low-income-area entrepreneurs in Minnesota, delivered through local nonprofit lenders.
Launch Minnesota Innovation Grants
Minnesota Department of Employment and Economic Development (DEED) · Minnesota
Minnesota's startup R&D and SBIR/STTR-matching grant program, run by Launch Minnesota/DEED, awarded through periodic competitive rounds.
Minnesota Investment Fund
Minnesota Department of Employment and Economic Development (DEED) · Minnesota
State gap financing for expanding Minnesota businesses, delivered through a local government partner.
Minnesota Job Creation Fund
Minnesota Department of Employment and Economic Development (DEED) · Minnesota
State pay-for-performance grants tied to job creation and capital investment by a Minnesota business.
Native American Business Loan Program
Minnesota Department of Employment and Economic Development (DEED) · Minnesota
State-backed loans for Native American-owned businesses in Minnesota.
Promise Loan Program
Minnesota Department of Employment and Economic Development (DEED) · Minnesota
State loan program for Minnesota businesses, paired with a matching Promise Act grant.
SEED Capital Investment Credit Program
Minnesota Department of Employment and Economic Development (DEED) · Minnesota
State tax credit for investors backing qualifying small businesses in Greater Minnesota, outside the Twin Cities metro.
Want to filter these by amount or stage? Open them in the full directory.
Federal programmes open to Minnesota businesses
Grants 23
- AFWERX SBIR/STTR & Army xTechup to $15M
- Amber Grant for Womenup to $50k
- ARPA-E
- ARPA-H
- Comcast RISEup to $5k
- DHS SBIRup to $1M
- DoD SBIR/STTRup to $2.15M
- DOE SBIR/STTRup to $2.15M
- ED/IES SBIRup to $1M
- EDA Build to Scale (B2S)up to $5M
- EPA SBIRup to $400k
- Federal and State Technology (FAST) Partnership Program
- FedEx Small Business Grant Contestup to $50k
- NASA SBIR/STTRup to $1.27M
- NIH SBIR/STTRup to $4.19M
- NOAA SBIRup to $690k
- NSF SBIR/STTR — America's Seed Fund powered by NSFup to $1.25M
- Rural Energy for America Program (REAP) — Renewable Energy Systems & Energy Efficiencyup to $25M
- SBA Growth Accelerator Fund Competition (GAFC)up to $200k
- SBIR/STTR (America's Seed Fund)up to $2.15M
- US DOT SBIRup to $200k
- USDA NIFA SBIR
- Value-Added Producer Grant (VAPG)up to $200k
Loans & guarantees 15
- CAPLines (SBA 7(a) Lines of Credit)up to $5M
- CDFI Fund — Certified Community Development Financial Institution Network
- DOE Loan Programs Office (Office of Energy Dominance Financing)
- Export Working Capital Program (EWCP)up to $5M
- International Trade Loan Program (ITL)up to $5M
- Military Reservist Economic Injury Disaster Loan (MREIDL)up to $2M
- SBA 504 Loan Program (CDC/504)up to $5.5M
- SBA 7(a) Loan Programup to $5M
- SBA Community Advantage Loansup to $1M
- SBA Disaster Loans (Physical Damage & Economic Injury)up to $2M
- SBA Microloan Programup to $50k
- SBA-504 and 7(a) Combined Loan Cap ($10M)up to $10M
- EXIM Working Capital Guarantee Programup to $10M
- SBA Surety Bond Guarantee Programup to $14M
- State Small Business Credit Initiative (SSBCI)
Tax benefits 8
- Federal R&D Tax Credit (Section 41)
- New Markets Tax Credit (NMTC)
- QSBS Section 1202 Exclusionup to $15M
- Qualified Opportunity Zones (QOZ)
- R&D Payroll Tax Offset (Qualified Small Business Payroll Tax Credit)up to $500k
- Section 174A Domestic R&D Expensing Restoration
- State R&D Tax Credits (multi-state landscape)
- Work Opportunity Tax Credit (WOTC)up to $2.4k
Equity 7
- 500 Global Flagship Acceleratorup to $150k
- Antler US Residency
- gener8tor Investment Acceleratorup to $100k
- HAXup to $250k
- Neo Accelerator
- Techstars Standard Investment Termsup to $220k
- Y Combinator Standard Dealup to $500k
Support & credits 10
- AWS Activateup to $200k
- Google for Startups Cloud Programup to $350k
- Microsoft for Startupsup to $150k
- MassChallenge Accelerator Programs (Traction & Challenge)
- MBDA Business Center Network
- NIST Manufacturing Extension Partnership (MEP)
- NVIDIA Inception
- Plug and Play Accelerator Programs
- SBA 8(a) Business Development Program
- Women-Owned Small Business (WOSB) Federal Contract Program
The other Minnesota deadline funders will ask about
Most programmes above ask for financials and a company in good standing. In Minnesota that means the Annual Renewal — Due December 31 each calendar year, starting the year after the articles of organization are filed (Minn. Stat. s.322C.0208(b)).
This page exists because Minnesota has at least 2 verified programmes of its own. See every state, or tell us about a Minnesota programme we are missing via the contact page.
Funders read the books before the pitch
Every programme on this page asks for financials in a particular shape. We keep Minnesota books in that shape year-round, so applying is an export rather than a rebuild.