Minnesota Department of Employment and Economic Development (DEED) - Launch Minnesota
01/17/20 4:00 PM
Grants of up to $75,000 to Minnesota public entities, organizations, and IHEs to educate entrepreneurs and to provide services to local startups. 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.
An organization receiving an award will be a designated Launch Minnesota Regional Partner that will:
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:
For more information about Launch Minnesota, see: http://www.launchminnesota.org/.
For allowable expenses, see page 9 of the RFP.
GrantWatch ID#: 187463
Interested parties may apply for a maximum of $75,000 in year 1.
For a map of Business Development Regions, see page 18 of the RFP in Supporting Documents below.
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