Launch MN Innovation Grant applications are open! Innovation Grants are targeted to the most promising innovative scalable technology businesses in Minnesota. Together, the State of MN is working with businesses to help reduce the risk for Minnesota technology startups and entrepreneurs, who are solving problems and growing our state’s innovation ecosystem.
Innovation Grants include:
- Business operations: These grants provide up to $35,000 for business operations, including research and development, direct business expenses and technical assistance.
- SBIR/STTR Matching Grant: These grants are for first time Phase I and Phase II awardees and will be based on sliding scale of their Federal award (up to $35,000 for Phase I awards and up to $50,000 for Phase II awards).
Businesses are eligible to receive one of each grant over the two-year period. Increased consideration is given to startups located in Greater Minnesota, as well as businesses owned by women, veterans, and/or owners who identify as BIPOC (Black, Indigenous, People of Color).