MN Promise Act Grant
MN Department of Employment & Economic Development
About the Grant
This program, through a series of statewide partner organizations, will award grants to eligible businesses in communities that have been adversely affected by structural racial discrimination, civil unrest, lack of access to capital, loss of population or an aging population, or lack of regional economic diversification.
A total of $94.3 million will be awarded as grants in multiple rounds.
Grant funds can be used for working capital to support payroll expenses, rent or mortgage payments, utility bills, equipment, and other similar expenses that occur in the regular course of business.
Notes
While this grant is overseen by the MN Department of Employment & Economic Development, they are not responsible for distributing funds. Instead, grants are awarded through seven partner organizations across the state. To apply, head to the grant website and identify the correct partner organization for your region.
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