Microloan Program in Minnesota
Microloan Program (59.046) awarded $15.4 million to recipients in Minnesota in 43 grants from fiscal 2021 to 2025, 6.8% of the program's national total. Northeast Entrepreneur Fund, Inc. received the most, $9.7 million.
- Awarded in Minnesota$15.4 million
- Awards43
- Share of the program6.8%
- Rank among states2nd of 49
- National total$226 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 10 | $3.5 million |
| FY 2022 | 8 | $4.1 million |
| FY 2023 | 9 | $3.2 million |
| FY 2024 | 7 | $2.4 million |
| FY 2025 | 10 | $2.1 million |
Recipients in Minnesota
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| Northeast Entrepreneur Fund, Inc. | Nonprofits | 5 | $9.7 million |
| Neighborhood Development Center Inc | Nonprofits | 5 | $1.2 million |
| Southwest Initiative Foundation | Nonprofits | 5 | $1.1 million |
| Southern Minnesota Initiative Foundation | Nonprofits | 5 | $893,511 |
| The Northwest Minnesota Foundation | Nonprofits | 6 | $805,410 |
| African Development Center | Nonprofits | 5 | $616,375 |
| Womenventure | Nonprofits | 4 | $601,957 |
| First Childrens Finance | Nonprofits | 5 | $300,170 |
| African Economic Development Solutions | Nonprofits | 3 | $106,677 |
Open opportunities under this program
None is open or forecast on Grants.gov right now.
Questions people ask
How much Microloan Program money goes to Minnesota?
$15.4 million from fiscal 2021 to 2025, across 43 awards. Minnesota ranks 2nd of 49 states and territories for this program.
Who receives Microloan Program money in Minnesota?
The largest recipient is Northeast Entrepreneur Fund, Inc., with $9.7 million in 5 awards. Next are Neighborhood Development Center Inc and Southwest Initiative Foundation.
Can organizations in Minnesota apply now?
No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year.
Microloan Program in other states
Other large programs in Minnesota
- Grants to States for Medicaid
- Highway Planning and Construction
- Education Stabilization Fund
- National School Lunch Program
- Temporary Assistance for Needy Families
- Federal Transit Capital Investment Grants
- Special Education Grants to States
- Child Care and Development Block Grant
- Federal Transit Formula Grants
- Affordable Rural Cooperative