Greater MN Programs

A grant and/or loan will be awarded to eligible applicants for approved business projects administered regionally through one of the six Minnesota Initiative Foundations organizations.

Total
Program Fund

$13,800,000 Grants

$24,000,000 Loans

What can grants be used for?

✓ Working Capital ✓ Utility Bills

✓ Payroll expenses ✓ Equipment

✓ Rent or Mortgage Payments

✓ Regular business expenses

What can loans be used for?

✓ Site preparation

✓ Building Construction

✓ Infrastructure ✓ Landscaping

✓ Other eligible capital improvement costs

Program
Partner

Greater MN Applications

Status: Varies By Region

GREATER MN LOANS - Visit DEED

Application Details

The Minnesota Initiative Foundations manage regional programs throughout Greater Minnesota. The regional six partners are highlighted on the DEED PROMISE Act website. For updates on applications, contact the relevant partner.

Initiative Foundations Regional Partners

Service Area Information