Launch Minnesota Awards More Than $250,000 to 10 Startups
12 Jun 2020
The Minnesota Department of Employment and Economic Development (DEED) today announced $255,390 in Launch Minnesota Innovation Grants to 10 technology startups.
In this fourth round of grant funding, twelve grants were awarded: seven for business operations, three for housing and child care expenses and two Small Business Innovation Research (SBIR) awards.
Launch Minnesota Innovation Grants are targeted to the most promising innovative and scalable technology businesses in Minnesota. The grants help reduce the risk for Minnesota technology startups and entrepreneurs who are solving problems and growing our state’s innovation ecosystem. In this grant round 30% of awarded businesses are women or minority owned.