Recent grants from DEED will help agencies that assist nascent ventures
Emerging businesses can often get a leg up in Minnesota thanks to the Department of Employment and Economic Development (DEED). The agency recently awarded $2.8 million in two-year grants to 11 nonprofit agencies involved in providing services and technical assistance to nascent business ventures in the state, particularly those owned by women, minorities, and rural residents. The groups that got the grants are as follows.
BioBusiness Alliance of Minnesota, St. Louis Park. Provides services and outreach to businesses in the life sciences.
Metropolitan Economic Development Association, Minneapolis. Provides assistance to businesses owned and managed by minority entrepreneurs.
Neighborhood Development Center, St. Paul. Offers small-business training and consultation in low income neighborhoods.
WomenVenture, St. Paul. Helps women entrepreneurs, low-income entrepreneurs, and women-owned businesses to develop and expand businesses and create.
Minnesota State University Small Business Development Center, Mankato. Provides programs and services for small businesses and entrepreneurs in the Mankato area.
African Development Center, Minneapolis. Provides training, lending, and technical assistance to help African immigrants and refugees achieve economic prosperity in Minnesota.
Metropolitan Consortium of Community Developers, Minneapolis. An association of community development groups that focus on housing and economic development initiatives.
Minnesota Inventors Congress, Redwood Falls. Offers resources for Minnesota entrepreneurs, and it sponsors two annual shows: the Invention & Idea Show and the Minnesota Student Inventors Congress.
Northside Economic Opportunity Network, Minneapolis. Expands economic opportunities for North Minneapolis residents through the creation, growth, and development of small businesses.
Southwest State University Small Business Development Center, Marshall. Provides programs and services for small businesses and entrepreneurs in the Marshall area.
Central Lakes Community College Small Business Development Center, Brainerd. Provides programs and services for small businesses and entrepreneurs in the Brainerd area.
For more details about DEED, visit positivelyminnesota.com.