Small Business Grants in Minnesota

Last updated October 2, 2026

There are 2 active small business grants tagged to Minnesota, part of 1,030 active small business grants listed nationwide. Updated daily.

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★Grant
Vanguard Accelerator Business Grant

Center for Economic Inclusion · Foundation

Rolling · $5K

Center for Economic Inclusion (St. Paul, MN) awards Vanguard Accelerator $5,000 business grants to 10 Latina- or Black-owned businesses in the Twin Cities ($50k pool). Registration currently closed; recurring cohort.

CAAL Ignite Fund

Coalition of Asian American Leaders · Foundation

Rolling · $350K

CAAL Ignite is the Coalition of Asian American Leaders' signature grant program (powered by supporters including MacKenzie Scott), with over $350,000 committed for 2024–25 and ~20 grants awarded across Small Business and…

Showing 1–2 of 2

About small business grants in Minnesota

Small business grants provide free funding you never have to repay — unlike loans. Federal agencies, state economic development offices, and private foundations offer grants for everything from startup costs to expansion, research, and hiring. Competition can be stiff, but the payoff is significant: non-dilutive capital with no interest or equity cost.

Small Business Grants in other states

Other grant categories in Minnesota

Frequently Asked Questions

Are small business grants really free money?

Yes. Unlike loans, grants do not need to be repaid and unlike venture capital, they require no equity. However, most grants come with reporting requirements and must be used for the stated purpose. Some grants reimburse expenses rather than providing upfront cash.

What is the easiest small business grant to get?

Local and state-level grants tend to have less competition than federal programs. Look for community development grants from your city or county, state small business innovation programs, and foundation grants targeted at your specific industry or demographic. Micro-grants under $5,000 often have simpler applications.

Can startups apply for small business grants?

Absolutely. Many grants specifically target early-stage companies. The SBIR and STTR programs fund R&D startups, while foundations and state programs offer startup-specific grants. Some require an existing business entity, while others fund pre-revenue ventures.

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