Minnesota programs providing financial assistance for entrepreneurs

Minnesota operates six small business financing programs: one loan guarantee program, two loan participation programs, and three equity/venture capital programs. The Minnesota Department of Employment and Economic Development (MN DEED) is the implementing entity for the state and the program administrator for the three lending programs and one venture capital program. MN DEED contracted with the University of Minnesota Office of Investments and Banking (UMN OIB) to administer two venture capital programs.