Grow Minnesota!

Grow Minnesota! is Minnesota's first purely private sector, statewide business retention and expansion program. Its primary goal is to strengthen and grow Minnesota's economy. Initiated by the Minnesota Chamber of Commerce in September 2003, Grow Minnesota! is carried out in partnership with local chambers of commerce from across the state. Thirty-five local chambers were selected as our partners for the second year of the program.

Mission

Under the leadership of the Minnesota Chamber and local chamber partners, Grow Minnesota! will promote statewide collaboration on growing Minnesota's economy.

Grow Minnesota! will improve the economic vitality of Minnesota by:

  1. Encouraging companies to remain and expand in Minnesota
  2. Establishing stronger ties between private sector companies and their business advocates
  3. Recommending community and public-sector responses to the trends affecting the development of the state's economy

Over time, Grow Minnesota! will assume the responsibility of marketing Minnesota to the nation and world.

 

2009-2010 Grow Minnesota! Sponsorship Available

DCR Chamber invites businesses to invest in our on-going business retention and growth effort through sponsorship of our local Grow Minnesota! program.  Investment in the local Grow Minnesota! program helps to make DCR’s participation in the statewide activities possible. The program continues to gain creditability with local businesses support and demonstrates your continued corporated citizenship by investing in your local chamber programs. 

 Download more information here

 

Resource Links

Minnesota Chamber of Commerce Grow Minnesota page

For the latest out of the Minnesota Chamber regarding the statewide Grow Minnesota program.

 

Microloan Program - Small Business Administration (SBA)

The Microloan Program provides very small loans to start-up, newly established, or growing small business concerns. Under this program, SBA makes funds available to nonprofit community based lenders (intermediaries) which, in turn, make loans to eligible borrowers in amounts up to a maximum of $35,000. The average loan size is about $13,000. Applications are submitted to the local intermediary and all credit decisions are made on the local level.

Small Business Resource Guide - Minnesota Small Business Administration (SBA) & MN SCORE

The guide is filled with a variety of information on Minnesota SBA resources, including loan program, counseling, training, and exporting.

Compare Minnesota - Minnesota Department of Employment & Economic Development (DEED)

The site includes information and comparisons between states and metropolitan areas on business climate, major industries, economic performance, labor, innovation, energy, taxes, and quality of life.

The Minnesota Military Reservist Economic Injury Loan Program - DEED

The program provides loans to eligible small businesses which 1) have an essential employee or employees about to deploy or deployed in the military reserves for 180 days or longer, and 2) are likely to sustain or are sustaining economic harm.
The 4 1/2 year onetime loans are interest-free and are available in amounts from $5,000 to $20,000.  No repayment is required for the first 18 months of the loan; monthly repayments are made over the remaining three years of the loan term.  The revolving loan fund totals $400,000.  Applications will be accepted and loans made until all funds are committed.


Forbes

Forbes is seeking tomorrow's serious wealth creators. Share with businesses that may wish to take the Forbes survey. After completing the survey companies will receive a graphical qualitative assessment of how their business stacks up to the ideal business in their industry/stage of development. They will also be under consideration to appear on www.forbes.com as one of America’s Most Promising Companies.

Workforce of the Future: Leadership Reaches Out to Business - Minnesota State Colleges & Universities (MnSCU) Report

A system report that was finalized in May 2009 on a plan for the coming year that was based on feedback from 352 Minnesota private sector companies. The plan identifies areas where MnSCU could work better with businesses to enhance prosperity and quality of life.

 

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