DEED Launches Second Small Business Funding Stream

1 Nov 2022


News

St. Paul – Today, the Minnesota Department of Employment and Economic Development (DEED) launched the Growth Loan Fund as part of the recently announced $97 million through the State Small Business Credit Initiative (SSBCI) from the U.S. Department of the Treasury. This new program provides direct loans from DEED to technologically innovative seed- and early-stage businesses.

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