Pre-development funding

Food access & education programs

Requires technical or research focus

Rolling application

Must show revenue

Includes mentorship

Simple application

In-kind

Local impact

Minnesota DEED is requesting proposals from qualified responders seeking grant funding to originate and service loans through the Minnesota Emerging Entrepreneur Loan Program. Funds support loans for businesses statewide that are majority-owned and operated by minority or low-income persons, women, veterans, and persons with disabilities. 

The program aims to encourage private investment, create jobs for minority and low-income individuals, strengthen minority-owned enterprises, and support economic development in low-income areas.

Strong fit for EDAct’s nonprofit incubator and internal capacity-building work: leadership development, planning, systems, and collaboration

Moderate fit: supports social/economic growth, community/civic affairs, environment, youth, and arts/humanities.

Good health-equity fit; supports programs improving community wellness

Good fit for EDAct’s health equity and community capacity work; supports health and community capacity-building projects.

Good fit for education, environment, community service, and youth programming; could align with EDAct training/community support initiatives

Fit for Edact’s health equity / community wellness angle, especially if partnered with healthcare or behavioral health providers.

Fit if Edact frames a youth empowerment, education, mentoring, or economic-mobility program for underserved youth.