Minnesota Small Business Grants

Last Updated on August 7, 2022 by Danielle McDonald

The federal government spends more than $11,744.00million dollars in grants, and an additional local government funds of $9,304.00million dollars into the business sector because small businesses and large corporations are the backbone of Minnesota’s economic growth. The state of Minnesota has 118,744 businesses, and they are broken down into the following:

Minnesota Business Sector Breakdown by Size:

  • 71,129 registered businesses in Minnesota have 0 to 4 employees. This breakdown includes those who work from home and have sole proprietorship.
  • 18,565 registered businesses in Minnesota have 5 to 9 employees.
  • 12,549 registered businesses in Minnesota have 10-19 employees.
  • 11,170 registered businesses in Minnesota have 20-99 employees.
  • 2,797 registered businesses in Minnesota have 100 to 499 employees.
  • Over 2,534 registered businesses in Minnesota have over 500 employees.

Minnesota Business Sector Breakdown in Service Industries:

  • 16,554 registered businesses in Minnesota are part of the Professional, Scientific and Technical Services sector.
  • 7,199 registered businesses in Minnesota are in the Administrative, Support, Waste Management, and Remediation Services sector.
  • 11,183 registered businesses in Minnesota belong in the Accommodation and Food Services sector.
  • More than 15,338 registered businesses in Minnesota are also service orientated businesses, but do not belong in the categories above.

You may also be eligible to apply for grants for small businesses if you work in the agriculture industry. The state of Minnesota has more than 81,000 farms.

Small Businesses in Minnesota

It is difficult to start and manage a small business in Minnesota. The state spends more than $102,179,000,000.00 US dollars on employee salaries and payroll, and every year, more than 22,575 businesses declare bankruptcy. The federal government does not provide grants for expanding or starting a business publicly. However, small business grants are granted in Minnesota to help business owners start or grow their ventures. Moreover, grant recipients don’t have to repay the government funding. So, it is worth looking into small business grants to help fund your business.

Contact Minnesota financial assistance agencies to apply for Minnesota business grants.

Recent State Funding Opportunities

Below is a list of opportunities recently published in the local state:

FUNDING NUMBERFUNDING TITLE
USDA NRCS MN MULTI 22 NOFO0001125Minnesota (MN) Fiscal Year (FY) 22 Grant Agreement Notice of Funding Opportunity for Native American Tribal Governments (Federally Recognized) in Minnesota
USDA NRCS 10902 6322XXXX 21 0002Minnesota Fiscal Year (FY) 21 Contribution Agreement
USDA NRCS 10902 6322XXXX 21 0001Minnesota Fiscal Year (FY) 21 Cooperative Agreement Notice of Funding Opportunity
W81EWF 21 SOI 0003An Evaluation of Fish Movement in the Big Sandy Lake Watershed and Escapement of Fish through Big Sandy Lake Dam, Minnesota
USDA NRCS MN MULTI 20 NOFO0001011Minnesota Fiscal Year (FY) 20 Cooperative Agreement Notice of Funding Opportunity
USDA NRCS MN MULTI 20 NOFO0001010Minnesota Fiscal Year (FY20) Contribution Agreement Notice of Funding Opportunity
20CS07Building the Foundation for Dosage Probation with the State of Minnesota
F20AS00067Minnesota Breeding Trumpeter Swan Survey
HHS 2020 ACF OHS CH R05 1651Head Start and/or Early Head Start Grantee — St. Louis County, Minnesota
HHS 2020 ACF OHS CH R05 1655Head Start and/or Early Head Start Grantee — Crow Wing, Morrison, and Todd Counties, Minnesota

You can also find Michigan small business grants and Mississippi small business grants on our site.

Leave a Comment

Your email address will not be published.

SUBSCRIBE TO OUR

NEWSLETTER

JOIN THE ELITE CLUB

Scroll to Top