Learn More about CDFI's and Small Business Resources in Minnesota see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
African Development Center
CAPITAL CITY PROPERTIES
Community Reinvestment Fund, Inc
Dakota Futures, Inc.
Development Corporation for Children
Great Neighborhoods! Development Corp.
Greater Minnesota Housing Fund
Habitat for Humanity of Minnesota, Inc.
Indian Land Capital Company
Indian Land Tenure Foundation
Leech Lake Band of Ojibwe
Midwest Minnesota Community Development Corporation
National New Markets Tax Credit Fund, Inc
Neighborhood Development Center
Nonprofits Assistance Fund
University National Bank
The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.
There are many U.S. government grants that are available today. American citizens are not just aware or familiar with it because there is not advertisement about it. This is probably because there are no funds allocated for such announcements....