This federal Project Grant award of $489,264.00 was provided by the U.S. Small Business Administration's (SBA) Office of Entrepreneurial Development to the Minnesota Department of Employment & Economic Development (DEED) on January 1, 2025. The grant will support the Minnesota Small Business Development Center (SBDC) network in providing management counseling, training, and technical assistance to small businesses and entrepreneurs in Minnesota through December 31, 2025.
The SBDC program aims to promote growth, expansion, innovation, productivity, and overall improvement within the small business community nationwide. Through this award, the Minnesota SBDC will deliver a range of services including one-on-one business advising, training workshops, market research assistance, export support, cybersecurity training, and access to capital guidance. This grant aligns with the SBDC program's mission to provide comprehensive support to drive the success of small businesses across various industries and regions within Minnesota.
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