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Minnesota Job Creation Fund

Minnesota Department of Employment and Economic Development (DEED)MN-JCF
Max per Applicant

$1.0M

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Minnesota

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

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
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Applicable Industries

ManufacturingTechnologyHealthcareAgriculture
Official Source