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GrantMinnesotaActiveVerified

Minnesota Job Creation Fund

Minnesota Department of Employment and Economic Development (DEED)MN-JCFRefreshed 1 month ago
Do I qualify?
Max funding

$1.0M

per applicant

Type

Grant

Cash award, application-based

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Or check for open cycles

Complexity

Moderate

Standard state application

About This Program

Performance-based grants for businesses creating at least 11 full-time jobs (5 in Greater Minnesota) paying at least $14.45/hour with benefits. Award up to $1 million based on job creation and capital investment commitments, disbursed after milestones are met.

Key Requirements & Eligibility

  • 1Minimum 11 new FTE jobs in metro area (5 in Greater MN)
  • 2Minimum wage: $14.45/hour + benefits
  • 3Minimum capital investment: $500,000 ($200,000 in Greater MN)
  • 4Grant: up to $1 million based on job/investment scale
  • 5Businesses must demonstrate financial viability

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Minimum 11 new FTE jobs in metro area (5 in Greater MN)

2.Minimum wage: $14.45/hour + benefits

3.Minimum capital investment: $500,000 ($200,000 in Greater MN)

4.Grant: up to $1 million based on job/investment scale

5.Businesses must demonstrate financial viability

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