Minneapolis offers a wealth of resources aimed at fostering the growth and resilience of small businesses. Entrepreneurs can access various programs designed to provide technical assistance, financial support, and community engagement opportunities.
Business Technical Assistance Program (B-TAP)
The City of Minneapolis’s B-TAP connects small businesses with free consulting services. This program offers guidance on business planning, marketing strategies, and financial management, catering to both new and existing businesses. More information is available on the city’s official website. https://www.minneapolismn.gov/business-services/business-assistance/
NextStage
NextStage provides customized support for entrepreneurs at every stage of business development. Their services include assistance with business planning, licensing, compliance, and access to financing options. Entrepreneurs can find more details on their website. https://www.nextstagemn.org/
Impact Hub Minneapolis-Saint Paul
Impact Hub MSP is part of a global network focused on building entrepreneurial communities for social impact. They offer shared workspace, training opportunities, one-on-one coaching, and curated events to support entrepreneurs and innovators. Learn more about their programs and membership options here. https://minneapolis.impacthub.net/
Northside Economic Opportunity Network (NEON)
NEON has been supporting low-to-moderate income entrepreneurs in North Minneapolis since 2006. Their services include technical assistance, business development, access to capital, and commercial kitchen spaces for food entrepreneurs. Detailed information can be found on their website. https://www.neon-mn.org/
Small Business Resiliency Fund
In response to challenges faced by small businesses, the City of Minneapolis established the $7 million Small Business Resiliency Fund. This fund provides license fee relief, free event permits, consulting services, marketing support, and grants for cultural mall operators. More details are available on the city’s website. https://www.minneapolismn.gov/business-services/business-assistance/resiliency-fund/
By leveraging these resources, Minneapolis entrepreneurs can access the support needed to navigate challenges and seize growth opportunities in the local economy.