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MN

DEED Emerging Entrepreneur Loan Program (ELP) — Youth-Owned Startups

DEED's ELP provides $5,000–$150,000 loans to disadvantaged entrepreneurs including young business owners through certified nonprofit lending partners statewide.

About this program

Visit the program website for full details.

Eligibility

Young and low-income entrepreneurs in Minnesota; loans through DEED-certified nonprofit partners.

Requirements

  • Young entrepreneur or low-income business owner
  • Located in Minnesota
  • Apply through DEED-certified nonprofit lending partner