Get ready for investment and growth
Our trusted finance experts can help you identify financing and grant opportunities. Our advisors have experience in:
- Preparing the necessary paperwork to apply for bank loans and other financing
- Exploring financing strategies like small business loans, crowdfunding, etc.
- Creating sustainable budgets and more
Elevate Hennepin advisors offer strategic guidance for your business to get to the next step. While they may support some implementation activities, business owners are responsible for ongoing maintenance and day-to-day operations. Businesses should be prepared to engage their own resources for complex projects that are anticipated to take more than 25 hours.
Contact an advisor below to help you identify and plan for your next critical step.
Not sure where to start? Schedule a one-on-one consultation with a Business Navigator.
Access to capital resources
General business coaching and grant navigation with cultural competence to serve the African diaspora.
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Specialties
African American or Black; Immigrant; Disadvantaged businesses
Early growth businesses (1-9 employees); Idea stage businesses; Startup businesses (0 employees)
Speaks English
African Economic Development Solutions (AEDS)
Wealth building via coaching and business advising in African immigrant communities.
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Specialties
African American or Black; Immigrant
Idea stage businesses; Startup businesses (0 employees)
Speaks English; Speaks another language; Speaks Somali
The African Development Center (ADC) is the first community development corporation in the U.S. started by and for African immigrants.
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Specialties
African American or Black; Immigrant
Early growth businesses (1-9 employees); Startup businesses (0 employees)
Speaks English; Speaks another language; Speaks Somali
Alternative financing for Minneapolis retail, service or light manufacturing.
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Specialties
African American or Black; Immigrant
Speaks English
Asian Media Access and the Chinese American Chamber of Commerce of Minnesota have joined hands and worked together to support Asian American and Pacific Islander (AAPI) entrepreneurs with cultural/linguistic appropriate technical assistance.
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Specialties
Asian and Pacific Islander; Immigrant
Early growth businesses (1-9 employees); Idea stage businesses; Startup businesses (0 employees)
Speaks English; Speaks Hmong; Speaks another language
Brooklyn Center Revolving Loan Program
Low-interest loans to incentivize Brooklyn Center businesses to update their buildings.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Brooklyn Center Small Business Microloans
Commercial and private microloans for small businesses in Brooklyn Center.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Brooklyn Park real estate/equipment loan
Alternative real-estate and fixed-asset loans for Brooklyn Park businesses.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Community-based wealth creation and financial literacy advising.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Financial support for job-creating redevelopment projects.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
ConnectUp! Institute Capital Readiness Accelerator Program
ConnectUP! Institute Capital Readiness Accelerator prepares small business to receive capital. <br/>
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Specialties
African American or Black; Asian and Pacific Islander; Indigenous / Native American; Latinx; Women
Early growth businesses (1-9 employees); Second stage businesses (10+ employees)
Speaks English
City of Dayton Revolving/Low Interest Loan Fund
Low-interest loans for high-priority areas in the City of Dayton.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
City of Hanover Low-Interest Loan Program
Low-interest loans for startups, expansions, and retentions in Hanover.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
City of Hanover Matching Grant Program
Matching grants to promote economic development and retention in Hanover.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Central Minnesota Development Company (CDMC)
Certified lender for business loans and financing advice for Minnesota business owners.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Commercial Property Development Fund
Patient debt capital and favorable terms for commercial real estate development and acquisition.
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Specialties
Second stage businesses (10+ employees)
Speaks English
Common Bond Fund revenue program
Loans for growing manufacturing companies.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees)
Speaks English
Community Entrepreneurship Program
Community Entrepreneurship Program
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Specialties
Idea stage businesses; Startup businesses (0 employees)
Speaks English
Community Reinvestment Fund, Inc. (CRF)
Loans that meet unconventional needs to finance job-creation and provide essential services.
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Specialties
Veteran; Women
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
ConnectUP! Institute is a social finance and enterprise development center. We provide education, consulting and collaboration on innovative social finance.
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Specialties
African American or Black; Asian and Pacific Islander; Social impact businesses; Women
Early growth businesses (1-9 employees); Idea stage businesses; Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English; Speaks Hmong; Speaks another language
Cultural Districts Interior Improvements-Forgivable Loan Pilot Program
Forgivable loans for building owners and commercial tenants along the Central Avenue Cultural District to improve interiors.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Emerging Entrepreneur Loan Program
Loans for businesses and entrepreneurs from disadvantaged groups.
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Specialties
Veteran; Women
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Employer Reasonable Accommodation Fund
Reimbursement for Minnesota based small and midsize employers who provide reasonable accommodations to disabled job applicants and employees.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees)
Speaks English
Cohort education opportunities and forgivable loans for arts and cultural nonprofits.
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Specialties
Nonprofit sector
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Financing support for child-care entrepreneurs to start, manage and grow sustainable businesses.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Great Streets Facade Improvement Program
Matching grants to revitalize and sustain economic vitality in Minneapolis commercial districts.
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Specialties
Speaks English
Hmong American Partnership Economic & Community Development Corporation is a non-profit organization that promotes economic and community development in Minnesota's Hmong and other refugee and immigrant communities.
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Specialties
Asian and Pacific Islander; Disadvantaged businesses; Immigrant; Nonprofit sector; Social impact businesses
Early growth businesses (1-9 employees); Idea stage businesses; Startup businesses (0 employees)
Speaks English; Speaks Hmong; Speaks another language
We serve our clients by providing access to resources and capital to empower their businesses.
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Specialties
African American or Black; Women
Early growth businesses (1-9 employees); Idea stage businesses; Startup businesses (0 employees)
Speaks English
Impact Hub Minneapolis-Saint Paul is a locally rooted, globally connected, 501c3 nonprofit organization that inspires, connects and empowers people working to solve social problems in our city and beyond.
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Specialties
Social impact businesses
Early growth businesses (1-9 employees); Idea stage businesses; Startup businesses (0 employees)
Speaks English; Speaks Spanish
Loan program to support Indian-owned businesses across Minnesota.
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Specialties
Indigenous / Native American
Speaks English
Latino Economic Development Center
The Latino Economic Development Center (LEDC) was created in 2003 and is the only Latino-led and Latino-focused economic development organization as well as CDFI in Minnesota and the upper Midwest.
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Specialties
Disadvantaged businesses; Immigrant; Latinx
Early growth businesses (1-9 employees); Idea stage businesses; Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English; Speaks Spanish
Launch Minnesota Business Operations
Grants for business operations including research, development, and other business expenses.
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Specialties
Women
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Main Street Economic Revitalization Grants
Revitalization grants for businesses impacted by COVID-19 and unrest along key business corridors.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees)
Speaks English
Metropolitan Economic Development Association
<br/>Wrap-around services for management education, finances and market trends.
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Specialties
African American or Black
Early growth businesses (1-9 employees); Second stage businesses (10+ employees)
Speaks English; Speaks Spanish
Minneapolis Cultural Market Grant Program
The City of Minneapolis has allocated funds to cultural mall operators, to help maintain the vibrancy, security, and commerce of cultural malls located within the City of Minneapolis.
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Specialties
African American or Black; Asian and Pacific Islander; Immigrant; Indigenous / Native American; Latinx; LGBTQIA+
Speaks English
Low-interest loans to finance equipment and building improvements in Minneapolis.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Minnetonka Code Compliance Loan Program
Low-interest loans to help property owners in Minnetonka make repairs, improve safety, and structural integrity, address accessibility issues or address other identified areas of concern by city officials.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Minnetonka Emergency Business Fund
The City of Minnetonka offers one-time assistance to local businesses that have experienced an emergency or unforeseen circumstances that threaten the business operation and jeopardize job retention for employees.
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Specialties
Minnesota Business Finance Corporation
Financing for small businesses across Minnesota.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Minnesota Department of Employment and Economic Development Small Business Support Resources
Lending resources, one-on-one advising, and events to support emerging small business owners.
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Specialties
Early growth businesses (1-9 employees); Idea stage businesses; Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Minnesota Inclusive Growth Fund
Increasing access to flexible and affordable capital and support services for businesses across Minnesota.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Financing for Minnesota companies to expand, add workers, and retain high-quality jobs.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees)
Speaks English
Loan fund dedicated to spurring economic growth by financing job-creating businesses.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees)
Speaks English
New American Development Center
New American Development Center builds a strong and vibrant community through sustainable community and economic development programs by levering resources and addressing cultural needs. NADC provides business development and financial literacy through culturally appropriate mechanisms to serve the East African Immigrant community.
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Specialties
African American or Black; Disadvantaged businesses; Immigrant; Nonprofit sector
Early growth businesses (1-9 employees); Idea stage businesses; Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English; Speaks another language; Speaks Somali
NextStage is a nonprofit organization whose mission is to support entrepreneurs at every stage.
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Specialties
Early growth businesses (1-9 employees); Idea stage businesses; Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English; Speaks Hmong; Speaks another language; Speaks Somali
MCCD Open to Business is an association of nonprofit community development organizations committed to expanding the wealth and resources of neighborhoods through housing and economic development initiatives.
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Specialties
Disadvantaged businesses
Early growth businesses (1-9 employees); Idea stage businesses; Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English; Speaks Hmong; Speaks Somali; Speaks Spanish
The Center for Energy & the Environment
Xcel Energy and the Center for Energy and Environment offer lighting efficiency rebates and support for businesses in Minnesota.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Fund that provides training and access to capital to promote entrepreneurship among American Indian people across Minnesota.
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Specialties
Indigenous / Native American
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Northside Economic Opportunity Network
Training, workshops, financing, and marketplaces designed to build wealth for entrepreneurs across North Minneapolis.
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Specialties
African American or Black
Early growth businesses (1-9 employees); Idea stage businesses; Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Providing capacity-building services and empowering nonprofits to achieve their missions.
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Specialties
Nonprofit sector
Speaks English
Loans to provide working capital and cash reserves to help nonprofits rebuild.
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Specialties
Nonprofit sector
Early growth businesses (1-9 employees); Second stage businesses (10+ employees)
Speaks English
Reservist and Veteran Business Loan Program
Loans to support companies with employees called to active duty and veterans returning from active duty.
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Specialties
Veteran
Early growth businesses (1-9 employees); Second stage businesses (10+ employees)
Speaks English
Richfield Displaced Business Grant Program
Grants to support businesses that must move as a result of redevelopment projects in Richfield.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Loans to support growing businesses in their acquisition of major fixed assets such as land, buildings, machinery, and equipment.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
The gold standard of Small Business Administration loans.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
<br/>Loans of up to $50,000 through Small Business Administration intermediaries.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
SBIR-STTR Funding for High-Tech Companies
Support for startups transforming high risk, high-impact technologies into marketable products and services.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees)
Speaks English
Nonprofit community developer dedicated to living-wage jobs, affordable housing, and a vibrant local economy.
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Specialties
Early growth businesses (1-9 employees); Idea stage businesses; Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English; Speaks Somali; Speaks Spanish
Co-op friendly financing to support businesses with unique ownership structures.
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Specialties
Speaks English
St. Louis Park Revolving Loan Fund
Financing and commercial lending for St. Louis Park businesses.
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Specialties
Veteran; Women
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
St. Louis Park Two Percent Loan Program
Low-interest loans for new and existing business and property owners in St. Louis Park.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Small Business Development Center
Statewide network of professional business consultants that offer advising and funding assessment to businesses from startup to growth.
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Specialties
Early growth businesses (1-9 employees); Idea stage businesses; Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Small Business Technical Assistance Program (B-TAP)
Consulting and technical assistance to support Minneapolis entrepreneurs and established businesses.
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Specialties
Co-op businesses; Restaurant sector; Social impact businesses
Early growth businesses (1-9 employees); Idea stage businesses; Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Commercial lending, leasing support, and a Small Business Administration (SBA) lender.
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Specialties
Early growth businesses (1-9 employees); Second stage businesses (10+ employees); Startup businesses (0 employees)
Speaks English
Tools to help women-owned businesses achieve economic success through planning and assessment, accounting best practices, and financial advising.
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Specialties
Women
Idea stage businesses; Startup businesses (0 employees); Early growth businesses (1-9 employees); Second stage businesses (10+ employees)
Speaks English