Learn More about CDFI's and Small Business Resources in Minnesota see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
African Development Center
CAPITAL CITY PROPERTIES
Community Reinvestment Fund, Inc
Dakota Futures, Inc.
Development Corporation for Children
Great Neighborhoods! Development Corp.
Greater Minnesota Housing Fund
Habitat for Humanity of Minnesota, Inc.
Indian Land Capital Company
Indian Land Tenure Foundation
Leech Lake Band of Ojibwe
Midwest Minnesota Community Development Corporation
National New Markets Tax Credit Fund, Inc
Neighborhood Development Center
Nonprofits Assistance Fund
University National Bank
The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.
Starting a new business can be an exciting venture -- unfortunately, it can also be quite expensive as well. In order to get the money that you need to get your business off of the ground, you might be...