Fresh Grants

RollingMinnesota (statewide)

MN PROMISE Act Grant (Round 2)

From State of Minnesota (DEED) / Minneapolis & Saint Paul program administrator

Amount
No cap listedGrant amount not stated on the program site
Deadline
RollingNo closing date
Where
Minnesota (statewide)
Match needed
No
Effort
MediumA form plus a few documents.
Apply on mnpromiseact.org (opens in a new tab)

The link goes to mnpromiseact.org.

Businesses (and earned-revenue nonprofits) in eligible Minneapolis/Saint Paul areas with gross revenue of $750,000 or less, 50%+ Minnesota-based employees, a filed latest tax return, and no Round 1 award. Rolling. No closing date

Who can apply

  • Businesses (and earned-revenue nonprofits) in eligible Minneapolis/Saint Paul areas with gross revenue of $750,000 or less, 50%+ Minnesota-based employees, a filed latest tax return, and no Round 1 award
  • Home-based businesses must have claimed the IRS home-office deduction

Any industry

Can a small business win this?

About $60M still available, accepted on a rolling basis until Round 2 funds are allocated. process takes 12+ weeks.

Before you apply

Check the eligibility map first and use the same email address throughout the three-stage application.

Heads up

No award size is listed.

Checked on mnpromiseact.org, Oct 18 (opens in a new tab)

Report a problem

This is a summary. The official page has the final word.

Similar grants

Common questions

How much is MN PROMISE Act Grant (Round 2)?

No single dollar cap is listed. The page says: Grant amount not stated on the program site.

When can I apply for MN PROMISE Act Grant (Round 2)?

Applications are rolling. The page we checked has no single closing date.

Who can apply for MN PROMISE Act Grant (Round 2)?

Businesses (and earned-revenue nonprofits) in eligible Minneapolis/Saint Paul areas with gross revenue of $750,000 or less, 50%+ Minnesota-based employees, a filed latest tax return, and no Round 1 award. Home-based businesses must have claimed the IRS home-office deduction.

Does MN PROMISE Act Grant (Round 2) require matching funds?

No matching funds are required on the page we checked.

Where was MN PROMISE Act Grant (Round 2) checked?

Checked on 2026-10-18 at https://www.mnpromiseact.org/eligibility. The official page wins if we disagree.

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