Plymouth partners with Elevate Hennepin to offer expert advising and other resources. Through Elevate Hennepin, entrepreneurs and small businesses can access up to 25 hours of free consulting from different advisors. From marketing, finance, legal matters, business consulting, tech, and more, you’ll find an expert that can help you meet your goals. View the Elevate Hennepin webpage.
Emerging Entrepreneur Loan Program
The Minnesota Emerging Entrepreneur Loan Program (ELP) supports the growth of businesses owned and operated by minorities, low-income persons, women, veterans and/or persons with disabilities. DEED provides grant funds to a network of nonprofit lenders which use these funds for loans to startup and expanding businesses throughout the state. Learn more about Emerging Entrepreneur Loan Program.
Launch Minnesota Grants
Launch Minnesota is a statewide collaborative effort to accelerate the growth of startups and amplify Minnesota as a national leader in innovation. The resources will focus on innovative scalable startups. The Innovation Grant reimburses business expenses, incurred in Minnesota, for research and development, direct business expenses (including wages of employees) and the purchase of technical assistance and services. Learn more about Launch Minnesota Grants.
State Small Business Credit Initiative (SSBCI)
The SSBCI consists of six programs to support small businesses in the state. These include the Automation Loan Participation Program, the Growth Loan Fund, the Minnesota Loan Guarantee Program, the Small Business Loan Participation Program, Direct Investment Venture Capital, and Multi-Fund Venture Capital. Learn more about SSBCI programs.
Underutilized Business Program
The Metropolitan Council Underutilized Business (MCUB) program is designed to engage and promote businesses that are vying for Met Council projects and procurements and are owned and operated by women; Black, Indigenous, Hispanic, and Asian people; veterans; and people with disabilities.
Learn more about the Underutilized Business Program.
Disadvantaged Business Enterprise Program
The Disadvantaged Business Enterprise Program helps level the playing field for women, Black, Indigenous, Hispanic, and Asian-owned businesses, ensuring that they have the opportunity to compete for federally funded contracts. Learn more about the Disadvantaged Business Enterprise Program.
Learn more about the Disadvantaged Business Enterprise Program.
Small Business Networking Group
The Small Business Networking Group was created to provide a space for Plymouth-based organizations and entrepreneurs to authentically build connections and provide feedback on how the city can better support local businesses. The group has a strong focus on strengthening relationships and building a vibrant and accessible environment for all businesses, entrepreneurs, and communities. Click here for more information about the Small Business Networking Group.
