Businesses
Government-funded
$250K
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
State guarantee on small business loans made by participating lenders, reducing lender risk and enabling credit access for Minnesota small businesses. Guarantees up to 80% of loans from $10,000–$250,000, targeting businesses with 50 or fewer employees.
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.
1.50 or fewer full-time equivalent employees
2.Loan size: $10,000–$250,000
3.State guarantees up to 80% of loan
4.Must have been denied conventional credit
5.Apply through a participating Minnesota lender
CAEATFA · California
Full state and local sales and use tax exemption (7.25–10%) on equipment purchases for California manufacturers of solar, wind, batteries, EVs, fuel cells, and green building materials. Reduces equipment procurement costs with board pre-approval.
Utah OEO · Utah
30% state income tax credit on new employee wages for businesses creating 5+ jobs in rural Utah Economic Opportunity Zones. Meaningful incentive to locate outside Salt Lake's urban corridor, with a 5-year credit period.
GOED · Nevada
Sales tax abatements (up to 2%), property tax abatements, and Modified Business Tax credits for clean energy manufacturers locating or expanding in Nevada. Targets solar, wind, battery storage, and EV-related product manufacturers creating 10+ jobs.