Online applications are now being accepted for Launch Minnesota Innovation Grants, which target the most promising, innovative and scalable technology businesses in Minnesota.
Innovation Grants are available in the following categories:
- Business operations: Up to $35,000 for business operations, including research and development, direct business expenses and technical assistance.
- Housing or child care: Up to $7,500 for housing or child care expenses.
- SBIR (Small Business Innovation Research) match: Up to $50,000 for businesses awarded a first-time federal Phase 2 SBIR and STTR (Small Business Technology Transfer) award. (The SBIR/STTR programs are administered by the SBA)
Grant applications will be reviewed on a rolling basis, and those received by November 30, 2019 will be reviewed by the Launch Minnesota Advisory Board in December. The first group of grantees will be announced in January. Applications received after November 30 will be reviewed on a regular basis in the following months.
Businesses are eligible to receive one of each grant over the next two years. We give increased consideration to startups located in Greater Minnesota, as well as businesses owned by women, veterans, or people of color. Find more information on the grants and find the applications on their website.