Two-Percent Loans provide financing to small Minneapolis businesses (retail, service or light manufacturing) to purchase equipment and/or to make building improvements.
Business owners that own their buildings can finance 100% of the cost of renewable energy projects and energy improvements, and make payments through a tax assessment over 20 years. Utility savings often exceed payment obligations. Eligible expenses include:
- Building-related energy efficiency upgrades such as windows, lights, or HVAC
- Renewable energy systems such as solar, wind, or geothermal
- Electric vehicle charging infrastructure
Contact a MinnPace representative to learn more.
The City of Dayton offers low interest loan funds to be used for business startups, expansions, and retentions within the EDA’s high priority areas.
HAP helps entrepreneurs bring the business ideas into reality by providing assistance ranging from creating business plans to business expansion. HAP offers small business loans, microloans, business education and technical assistance, and pre and post-loan services to low-income immigrant and refugee entrepreneurs in the Twin Cities.
WBC serves as a resource to connect technical assistance providers, offers financial resources through partnership with the City of Minneapolis, advocates for businesses along the West Broadway Corridor, and connects business owners to develop stronger networks in North Minneapolis.