Minneapolis boasts a vibrant entrepreneurial ecosystem, offering a wealth of resources to support small business owners and aspiring entrepreneurs. Whether you’re launching a new venture or seeking to expand an existing business, the city provides numerous programs and organizations dedicated to fostering success.
City of Minneapolis Business Assistance
The City of Minneapolis offers comprehensive support through its Business Assistance programs. Entrepreneurs can access step-by-step guidance on planning, launching, and growing their businesses. Services include assistance with business planning, licensing, financing, and technical support. The city’s Small Business Team is available to provide personalized assistance to navigate these resources. Learn more
Business Technical Assistance Program (B-TAP)
The B-TAP program connects small businesses with free training and consulting services. This initiative supports the development of entrepreneurs and businesses, particularly those owned by minorities, women, and low-income individuals. Services include business plan development, marketing strategies, financial management, and more. Discover B-TAP
Northside Economic Opportunity Network (NEON)
NEON focuses on building wealth for low-to-moderate income entrepreneurs in North Minneapolis. They offer free technical support, business development services, access to capital, and training workshops. NEON also provides coworking spaces and commercial kitchen rentals to support diverse business needs. Explore NEON’s services
Impact Hub Minneapolis-Saint Paul
Impact Hub MSP is part of a global network dedicated to building entrepreneurial communities for social impact. They offer shared workspaces, training opportunities, one-on-one coaching, and curated events. Entrepreneurs can connect with like-minded individuals and access resources to grow their businesses. Join Impact Hub MSP
NextStage
NextStage provides customized support to entrepreneurs at every stage of business development. Their services include assistance with business planning, entity selection, licensing, compliance, and access to financing. NextStage partners with the City of Minneapolis to offer these services free of charge to residents and businesses located in the city. Learn about NextStage
Small Business Resiliency Fund
In response to challenges faced by small businesses, the City of Minneapolis established the Small Business Resiliency Fund. This $7 million fund aims to help businesses stabilize, reduce financial strain, and attract customers back to commercial areas. The fund includes license fee relief, free event permits, consulting services, marketing support, and grants for cultural mall operators. Find out more
By leveraging these resources, Minneapolis entrepreneurs can access the support and guidance necessary to navigate the complexities of business ownership and contribute to the city’s dynamic economic landscape.