Minneapolis boasts a dynamic entrepreneurial landscape, supported by a variety of resources designed to help small businesses thrive. From technical assistance programs to financial support, the city offers numerous avenues for entrepreneurs to turn their visions into reality.
Key Resources for Entrepreneurs
Business Technical Assistance Program (BTAP)
The City of Minneapolis’s BTAP connects small businesses with free consulting services. These services include business plan development, licensing guidance, and marketing strategies, catering to both new and existing businesses. Learn more about BTAP.
Small Business Resiliency Fund
In response to challenges faced by local businesses, the city established the Small Business Resiliency Fund. This $7 million fund offers license fee relief, free event permits, consulting services, and marketing support to help businesses stabilize and attract customers. Discover more about the Resiliency Fund.
Chameleon Shops Initiative
To revitalize downtown retail spaces, the Chameleon Shops initiative connects local entrepreneurs, particularly BIPOC and women-owned businesses, with retail opportunities in downtown Minneapolis. This program fosters an inclusive and vibrant downtown community. Explore the Chameleon Shops.
Success Stories
Lovely’s Sewing & Arts Collective
Keiona Cook, once an employee in the IDS Center’s skyway, realized her dream by opening Lovely’s Sewing & Arts Collective in the same location. Her business offers sewing socials, corporate team-building events, and youth camps, contributing to the revitalization of downtown retail spaces. Read more about this success story.
Mo’s Tropical Market
Mo Chang established Mo’s Tropical Market in St. Paul, offering tropical fruits and vegetables from Southeast Asia and Latin America. With support from the U.S. Small Business Administration, she expanded her business to include a wholesale market, serving as a staple for the Twin Cities Hmong community. Learn about Mo’s journey.
The Wabi Sabi Shop
After losing her job as an interior designer, Kay Frandsen opened The Wabi Sabi Shop, a consignment furniture store in Minneapolis. With guidance from SCORE Minneapolis, she turned her vision into a successful business, providing quality furniture at affordable prices. Discover Kay’s story.
These resources and success stories underscore the vibrant entrepreneurial spirit in Minneapolis. By leveraging available support and learning from fellow entrepreneurs, aspiring business owners can navigate the path to success in our city.