Minnesota Small Business Grants 2026: Complete Guide
Minnesota small businesses benefit from $113.4 million in SSBCI funding, DEED's extensive business development programs, strong agricultural and rural development programs, and Minneapolis-Saint Paul's innovation ecosystem.
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Top Grant Programs for Minnesota Small Businesses
| Grant Program | Amount | Eligibility | Deadline |
|---|---|---|---|
| Minnesota SSBCI Programs (DEED) | Up to $200,000 | MN small businesses | Rolling |
| DEED Job Creation Fund | Up to $1M+ | MN businesses creating significant jobs | Rolling |
| MN Angel Tax Credit Program | Tax credit + grants | MN startups via investors | Annual |
| USDA Rural Development MN | Up to $500,000 | Rural MN businesses | Annual |
| USDA REAP Minnesota | Up to $1,000,000 | MN ag/rural businesses | Annual |
| SBA Microloan Minnesota | Up to $50,000 | MN small businesses | Year-round |
| Iron Range Resources & Rehabilitation | Varies | NE Minnesota businesses | Annual |
| Minnesota Initiative Foundations | $5K–$200K | Greater MN businesses | Annual |
Sources: DEED mn.gov/deed, USDA rd.usda.gov/mn, IRR irr-mb.com
DEED and Minnesota SSBCI Programs
The Minnesota Department of Employment and Economic Development (DEED) at mn.gov/deed is Minnesota's primary economic development agency.
Minnesota SSBCI ($113.4 million): Minnesota received $113.4 million in SSBCI, deployed through DEED and partner lenders.
DEED Job Creation Fund: JCF provides direct grants to Minnesota businesses creating significant numbers of high-quality jobs. Awards up to $1 million+.
Minnesota Initiative Foundations: Six regional Minnesota Initiative Foundations serve Greater Minnesota with grants and business development resources.
Iron Range and Greater Minnesota Programs
Iron Range Resources & Rehabilitation (IRR) provides economic development support for northeastern Minnesota. Minnesota Initiative Foundations cover rural Minnesota broadly.
USDA Rural Development Minnesota: RBDG, REAP, and VAPG broadly available. Visit rd.usda.gov/mn.
Minnesota SBDC and SCORE
The Minnesota SBDC (mnsbdc.com) operates through Minnesota state colleges with centers in Minneapolis, Saint Paul, Duluth, Rochester, and other communities. Free advising available.
SCORE Minnesota has chapters in the Twin Cities and other regions.
Frequently Asked Questions
How much SSBCI funding did Minnesota receive?
Minnesota received $113.4 million in SSBCI. Contact DEED at mn.gov/deed.
What are the Minnesota Initiative Foundations?
Six regional foundations serving Greater Minnesota with grants and business development resources. Find yours through the Initiative Foundation network.
Are there grants for Iron Range businesses?
Yes—Iron Range Resources & Rehabilitation (irr-mb.com) specifically serves northeastern Minnesota with economic development programs.
Where is my nearest Minnesota SBDC?
Visit mnsbdc.com for Minnesota SBDC locations.
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