The Scott County CFE Business Accelerator program supports the growth of emerging businesses in an entrepreneurial environment that encourages collaboration, fosters job creation, and provides connections to key resources.
The Maple Grove Revolving Loan fund was designed to promote and stimulate private sector investment to advance the goals of creating or retaining employment opportunities, encourage business expansion or retention, diversify the local economy, and enhance the tax base. The program provides low-interest loans ranging from $50,000 to $250,000 for purposes such as construction costs, machinery and equipment, site improvements, land acquisition and infrastructure.
The Equity Builder Loan Program is a cohort based, forgivable loan program for arts & cultural nonprofits. Around 20-40% of these working capital loans convert to grants, producing long-term unrestricted cash reserves for participating nonprofits.
Minnesota's Angel Tax Credit provides a 25-percent credit to investors or investment funds that make equity investments in startup companies focused on high technology, new proprietary technology, or a new proprietary product, process or service in specified fields. $5M in credits was made available for 2022.
The Business Development Fund is a financial tool provided to Minneapolis based businesses for assistance in redevelopment projects that have a potential for the creation of jobs that will be filled by Minneapolis residents.
ConnectUP! Institute is a social finance and enterprise development studio. We provide education, consulting and collaboration on innovative social finance as well as enterprise development for entrepreneurs from underestimated communities. Powered by Social Impact Now.
Through its Veterans First Contracting program, VA awards a large amount of contract dollars to veterans every year by offering set-aside contracting opportunities. VA also sets aside contracting opportunities for businesses owned by veterans who are service-disabled.