Minnesota Small Business Grants

With more than $11,744.00 million dollars in grants and additional local government funding sources of $9,304.00 million dollars, the majority of the federal budget in government grants is put into the business sector every year as small businesses and large corporations are the foundation of the economic growth in Minnesota. There are 118,744 business establishments in the state of Minnesota, and they break down to the following:

Minnesota Business Sector Breakdown by Size:

71,129 registered businesses in Minnesota have 0 to 4 employees. People who work at home with sole proprietorship are included in this breakdown.
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 in 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 are in the Accommodation and Food Services sector.
More than 15,338 registered businesses in Minnesota are also service orientated businesses but are not categorized to the above sectors.

If you are in the farming industry, you may be eligible to apply for small business grants as well. There are more than 81,000 farms in the state of Minnesota.

Starting and managing a small business in Minnesota is not an easy task. Over $102,179,000,000.00 US dollars are paid to employee salaries/payroll alone in the state of Minnesota and more than 22,575 businesses declare bankruptcy every single year. Although the federal government does not publically provide grants for starting and expanding a business, in Minnesota, some small business grants are given to business owners to start and grow their ventures, and grant recipients do not have to pay back the funding from government. Therefore, it makes sense to look into small business grants as one of your sources to fund your business.

To apply for business grants in Minnesota, contact Minnesota financial aid agencies.

Small Business Grants in Local States

Recent Business Grant Recipients

Recipient	Project, Industry, Purpose	Amount
Atlantic Industries Limited (Government Grant)	Project: Develop & register patent for super.cor box culverts Industry: Manufacturing, Mining and Energy Purpose: Information Not Available	12750.00
David Moses (Government Loan)	Project: For marketing for audio/video production services Industry: Professional, Scientific and Technical Services Purpose: Marketing	5400.00
Lfn Enterprises Limited Partnership (Government Grant)	Project: Establish a new business harvesting and selling lumber Industry: Manufacturing, Mining and Energy Retail Trade/ Services Purpose: New Business Startup	75738.00
Cheverie Construction Ltd (Government Grant)	Project: Develop designs for precast concrete exterior walls. Industry: Construction/ Professional Trades Purpose: Business Development and Trade Shows Research & Development / Patents	10325.00
Monique Meunier (Government Fellowship)	Project: For marketing a retail store Industry: Retail Trade/ Services Purpose: Marketing	9618.00

Minnesota Small Business Grants

Small Business Grants in Local States

Recent Business Grant Recipients

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