Governor Walz Announces $33 Million For Small Businesses

15 Jul 2025


News

Governor Tim Walz today announced $33 million for 225 new and developing small businesses. The Governor was joined by small business owners representing manufacturing, health care, hospitality, and clean technology who have been able to start or expand their businesses thanks to partnership with the state through the Department of Employment and Economic Development (DEED).

"Growing up in a small town, I saw how small businesses can make main streets come alive," said Governor Walz. "Small businesses are job creators that fuel innovation and strengthen our communities. Making Minnesota the best state to live means it's a place where entrepreneurs can put their ideas into action to support a diverse and thriving economy. With this funding, we'll partner with hundreds of new small businesses to ensure they have the funding they need to get started."

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