Minneapolis boasts a vibrant entrepreneurial ecosystem, offering a wealth of resources to support small business owners and aspiring entrepreneurs. Whether you’re launching a new venture or looking to expand an existing business, the city provides numerous programs and organizations dedicated to fostering growth and success.
City of Minneapolis Business Assistance
The City of Minneapolis offers comprehensive support through its Business Technical Assistance Program (B-TAP). This initiative connects small businesses with free consulting services, covering areas such as business plan development, marketing strategies, and financial management. Additionally, the city provides guidance for cooperative businesses and emerging real estate developers through specialized programs.
Northside Economic Opportunity Network (NEON)
NEON focuses on building wealth for low-to-moderate income entrepreneurs in North Minneapolis. Since 2006, NEON has provided free technical support, training workshops, business development assistance, and access to capital. Their services aim to empower entrepreneurs with crucial business and market knowledge, fostering a diverse and vibrant business community.
Impact Hub Minneapolis-Saint Paul
Impact Hub MSP is part of a global network dedicated to building entrepreneurial communities for social impact. They offer shared workspace, training opportunities, one-on-one coaching, and curated events. Entrepreneurs can join a thriving community committed to solving pressing issues, with access to resources that support business growth and development.
Metropolitan Economic Development Association (MEDA)
MEDA provides integrated services in business consulting, access to capital, and connections to help entrepreneurs succeed. Their programs, such as Ascend Twin Cities, offer business owners consulting services, supplier diversity programs, and opportunities to scale their businesses through strategic partnerships and access to capital.
Elevate Hennepin
Elevate Hennepin is a Hennepin County initiative designed to support small businesses by providing access to professional advising, training, and resources. The program connects businesses with experienced advisors who offer guidance on marketing, financial planning, business strategy, legal compliance, and operations management.
By leveraging these resources, Minneapolis entrepreneurs can navigate the challenges of starting and growing a business, contributing to the city’s dynamic and diverse economic landscape.