Innovation Grants Available

Up to $35,000 Available for Qualifying Businesses

 January 31, 2024 Deadline

Launch Minnesota Innovation Grants are targeted to the most promising innovative scalable technology businesses in Minnesota. Together, we’re working to help reduce the risk for Minnesota technology startups and entrepreneurs, who are solving problems and growing our state’s innovation ecosystem.

The 2023 Minnesota Legislature reauthorized the Launch Minnesota Grant program and funded it at $3 million; $1.5 million for each fiscal year (FY) 2024 and 2025.

Innovation Grants include:

  • Business operations: These grants provide up to $35,000 for business operations, including research and development, direct business expenses and technical assistance.
  • SBIR/STTR Matching Grant: These grants are for first time Phase I and Phase II awardees and are based on a sliding scale of their Federal award (up to $35,000 for Phase I awards and up to $50,000 for Phase II awards).

Increased consideration is given to startups located in Greater Minnesota, as well as businesses owned by women, veterans, and/or owners who identify as BIPOC (Black, Indigenous, People of Color).

Individuals interested in applying are encouraged to contact Michelle Landsverk (Advance Thief River Director). Landsverk is part of the Launch Minnesota network and a Northwest Innovators Network Navigator. In that role, she provides guidance to entrepreneurs in advancing their ideas and projects, including applying for Innovation Grants.

Get started by completing the business navigator application form.

 

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