Innovation Grants Available

Up to $35,000 Available for Qualifying Businesses

The Innovation Grant reimburses business expenses, incurred in Minnesota, for research and development, direct business expenses (including wages of employees, but not salaries or wages of 20% or more owners of the business or their family members), and the purchase of technical assistance and services. Qualifying businesses may receive grants up to $35,000, which are disbursed on a 1:1 reimbursement basis (grantee spends $2, then gets reimbursed $1). Applicants may receive one grant per biennium (July 1, 2021 – June 30, 2023)

Eligibility Criteria

  • Primary business activity is in innovative technology or in an innovative business model or product
  • Business operations and headquarters are located in Minnesota
  • Business has not been in operation for more than 10 years
  • Business has generated less than $1 million in revenue since inception

Business Operation

Apply

Before applying, potential applicants should review additional eligibility requirements detailed in the eligibility document. Grant applications are reviewed on a rolling basis. The Launch Minnesota Advisory Board conducts an initial application review at its meetings, which occur approximately every two months. We also recommend completing the free Lean Startup class offered through Launch Minnesota before submitting a grant application to increase your likelihood of receiving funding.

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. She may be reached by emailing mlandsverk@advancethiefriver.com or by phone/text to 218-280-1755.

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