Minnesota Department of Employment and Economic Development (DEED) - Launch Minnesota
11/24/20 4:00 PM Central Time
Grants of up to $75,000 to Minnesota public entities, organizations, and IHEs to offer services and counseling to entrepreneurs and local start-ups. Grants may be used to deliver risk capital, commercialization, statewide collaboration, and networking services. Funding is intended to support technology startups and entrepreneurs, and to position Minnesota as a leader in innovation. Priority will be given to proposals that seek to serve business owners or entrepreneurs who are women, veterans, or minority group members or businesses or entrepreneurs located in greater Minnesota.
Launch Minnesota is a new initiative of the Department of Employment and Economic Development (DEED) to encourage and support the development of innovative, scalable, high-technology start-ups in Minnesota. DEED is seeking to establish a network of designated Launch Minnesota Regional Partners that will partner with Launch Minnesota to deliver education and counseling to high-technology start-ups, provide outreach on start-up investment opportunities, and provide networking opportunities for entrepreneurs, investors, and other stakeholders in support of the full life-cycle of innovative technology start-ups.
Organizations seeking to be Launch Minnesota Regional Partner are encouraged to define a service area that is contiguous with all or part of a DEED Business Development Region. It is the intent of this initiative there will be at least one designated Launch Minnesota Regional Partner per region.
Grantees will use the grant funds to deliver the following services:
Grant Objectives can be found at https://mn.gov/deed/assets/launch-minnesota-education-grant_tcm1045-450255.pdf#page=7.
For allowable expenses, see https://mn.gov/deed/assets/launch-minnesota-education-grant_tcm1045-450255.pdf#page=9.
GrantWatch ID#: 187463
Maximum Award: Interested parties may apply for a maximum of $75,000 in year 2.
- Project Start (estimate): January 2021
- Grant end date: December 31, 2021
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Please send the proposal via email to firstname.lastname@example.org.
Submit all RFP related questions to: Launchminnesota@state.mn.us.
1st National Bank Building
332 Minnesota Street, Suite E200
St. Paul, MN 55101
For a map of Business Development Regions, see https://mn.gov/deed/assets/launch-minnesota-education-grant_tcm1045-450255.pdf#page=18.
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