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Grant Amount : Varies

About

The Innovation Grant reimburses business expenses, incurred in Minnesota, for research and development, direct business expenses (including wages of employees, but not salaries or wages of 20% or more owners of the business or their family members), and the purchase of technical assistance and services. Qualifying businesses may receive grants up to $35,000, which are disbursed on a 1:1 reimbursement basis (grantee spends $2, then gets reimbursed $1). 

How do I Qualify?

  • Primary business activity is in innovative technology or in an innovative business model or product
  • Business operations and headquarters are located in Minnesota
  • Business has not been in operation for more than 10 years
  • Business has generated less than $1 million in revenue since inception

About the Grantor

Launch Minnesota Grant
Minnesota Department of Employment and Economic Development
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