Businesses
Government-funded
$1.0M
per applicant
Grant
Cash award, application-based
Rolling
No fixed cutoff
Rolling
Or check for open cycles
Moderate
Standard state application
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.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
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
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).