Through a partnership between Homegrown Minneapolis, Minneapolis Community Planning and Economic Development and Metropolitan Consortium of Community Developers (MCCD), the Homegrown Small Business Fund provides financing and technical assistance to Minneapolis-based businesses that process, grow and manufacture food products. The City is also collaborating with Greater Twin Cities United Way through its Full Lives grant program and Northside Economic Opportunities Network (NEON) to pilot a matching grant program for one year in the Promise Zone.
Businesses must be licensed to operate in Minneapolis, demonstrate ability to repay the loan and be an acceptable credit risk and be in compliance with all City, State and Federal Health and Food Safety codes and regulations.
“The Homegrown Small Business Fund provided an alternative financing option to help us manage our growth. Financing small businesses can be a challenge. It’s nice to have such a valuable local resource in our community!” - Alissa Barthel & Julie Wellman, Co-Owners, Punk Rawk Labs
For more information on applying, contact Kris Maritz, City of Minneapolis Business Advisor at MCCD: [email protected] or 612-843-3262.