Homegrown Small Business Fund - Loan Program
The Homegrown Small Business Fund loan program provides financing and technical assistance to Minneapolis-based businesses that process, grow and manufacture food products. Loans of up to $10,000 at a 2% interest rate are available for eligible expenses, including:
- Processing/Manufacturing (raw materials, washing and drying of produce, packaging, storage containers, labeling, equipment)
- Distribution (leasehold improvements, approved off-site storage facilities, logistics equipment)
- Marketing (advertising, packaging materials, branding)
- Working Capital