Home Blog Minnesota Small Business Grants 2026: Complete Guide

Minnesota Small Business Grants 2026: Complete Guide

8 min read·January 15, 2026

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 ProgramAmountEligibilityDeadline
Minnesota SSBCI Programs (DEED)Up to $200,000MN small businessesRolling
DEED Job Creation FundUp to $1M+MN businesses creating significant jobsRolling
MN Angel Tax Credit ProgramTax credit + grantsMN startups via investorsAnnual
USDA Rural Development MNUp to $500,000Rural MN businessesAnnual
USDA REAP MinnesotaUp to $1,000,000MN ag/rural businessesAnnual
SBA Microloan MinnesotaUp to $50,000MN small businessesYear-round
Iron Range Resources & RehabilitationVariesNE Minnesota businessesAnnual
Minnesota Initiative Foundations$5K–$200KGreater MN businessesAnnual

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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