K.C. Kye, owner of K-Mama Sauce

Whether you’re just getting started or are ready to take your established business to a new level, find the right resources for your next step.

Business Development Fund


The Business Development Fund is a financial tool provided to Minneapolis based businesses for assistance in redevelopment projects that have a potential for the creation of jobs that will be filled by Minneapolis residents.

Loan amount: Up to $75,000

Community served: Minneapolis, MN


  • Lending Resources
  • Government Resources
  • City Specific Resource
  • Loans, grants, access to capital
  • Early growth businesses (1-9 employees)
  • Second stage businesses (10+ employees)
  • Startup businesses (0 employees)

Why is this service free?

To make it easier for businesses to find the right resources in one place, Elevate HennepinSM lists free resources funded by trusted partners, including The Minnesota Department of Employment and Economic Development, the City of Minneapolis, and other Hennepin County cities and partners.

Languages spoken

  • English