Minneapolis boasts a vibrant entrepreneurial ecosystem, offering a wealth of resources to support small businesses at every stage. Whether you’re launching a startup or aiming to expand, the city provides numerous avenues to help you succeed.
City of Minneapolis Small Business Team
The City’s Small Business Team is dedicated to assisting entrepreneurs in navigating the complexities of starting and growing a business. They offer guidance on permitting, licensing, and connect business owners to relevant resources. More information can be found on their official website.
Business Technical Assistance Program (B-TAP)
B-TAP connects small businesses with free consulting services through partnerships with local non-profit organizations. These services include business plan development, financial management, marketing strategies, and more. Details are available on the City of Minneapolis’s website.
Northside Economic Opportunity Network (NEON)
NEON focuses on building wealth for low-to-moderate income entrepreneurs in North Minneapolis. They offer technical support, business development services, and access to capital. Learn more about their programs on their website.
NextStage
NextStage provides customized support for entrepreneurs at various stages, from planning and starting to growing a business. Their services include business plan assistance, licensing guidance, and financing options. Visit their website for more information.
Impact Hub Minneapolis-Saint Paul
Impact Hub MSP is part of a global network focused on building entrepreneurial communities for social impact. They offer shared workspace, training opportunities, coaching, and startup support programs. Explore their offerings on their website.
Financial Assistance Programs
The City of Minneapolis offers creative financing packages to help grow neighborhood businesses. These include Two Percent Loans for building improvements and equipment purchases, Alternative Financing that conforms with Islamic law, and Business Development Fund Loans aimed at business growth and job creation. More details can be found on the City’s website.
By leveraging these resources, Minneapolis entrepreneurs can access the support needed to thrive in a competitive business landscape.