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Find similar grantsMN PROMISE Act funds is sponsored by State of Minnesota. The MN PROMISE Act is a state-funded small business revitalization program available to disadvantaged businesses located in certain areas of Minneapolis, Saint Paul, and greater Minnesota.
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MN PROMISE Act Grant Program is a state-funded initiative designed to support small businesses in eligible areas of Minneapolis and Saint Paul through grants that promote long-term stability, recovery, and growth. Round 2 is now open. Funding is still available.
Applications are accepted on a rolling basis until Round 2 funds are fully allocated. Real Impact for Local Businesses distributed to local businesses businesses already supported The MN PROMISE Act Grant application moves through email confirmation, three application stages, final review by the State of Minnesota, and grant award. Verify your email and use the same email address throughout the full application process.
Submit the first form and watch your email for confirmation and eligibility results. If eligible, create your applicant portal profile and upload the required business documents. Final Documents & Verification If your application advances, submit final documents and complete identity verification.
Final Review & Grant Award The State of Minnesota completes the final review. If approved, funds are deposited directly into your bank account. The full grant process, from start to finish, can take at least 12 weeks.
If changes or additional information are requested, your application may take longer to process. Once an application is sent to the State of Minnesota for final review, review times may vary. Need Help with Your Application?
Follow these steps to check if you may be eligible for the MN PROMISE Act Grant, prepare your documents, learn more about the process, and get support if you need it. Review the requirements and see if your business may be eligible. Review the requirements and see if your business may be eligible.
Make sure you have the documents you need before you apply or continue your application. Make sure you have the documents you need before you apply or continue your application. Learn more about the MN PROMISE Act Grant, ask questions, and understand your next steps.
Learn more about the MN PROMISE Act Grant, ask questions, and understand your next steps. Find 1:1 in-person support, 1:1 virtual support, and contact options in one place. Find 1:1 in-person support, 1:1 virtual support, and contact options in one place.
A long-standing neighborhood business working through rising costs while serving the East Side community. A woman-owned salon using support to strengthen operations and continue serving clients with care. A local bakery using working capital to support payroll, meet demand, and keep growing.
Milda’s Cafe | North MPLS A family-owned café using support for payroll, inventory, and everyday operating costs. View More Grantee Success Stories
According to the current listing, eligibility includes: Disadvantaged businesses located in certain areas of Minneapolis, Saint Paul, and greater Minnesota, with annual revenue less than $750,000, and no prior Promise Act grant. Confirm the full requirements in the official notice before applying.
The current listing shows up to $50,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
MN PROMISE Act funds is funded by State of Minnesota. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Minnesota. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.