State Policy/Initiative

A Guide to Starting a Business in Minnesota

“The Minnesota Emerging Entrepreneur Program (MEEP) was created during the 2016 Legislative session and replaces the Urban Initiative Loan Program (Chapter 189, Laws of Minnesota). The objective of the program is to fund loans to businesses throughout the state that are owned and operated by minorities, low-income persons, women, veterans and/or persons with disabilities; provide jobs for minority and/or low-income persons, create and strengthen minority business enterprises, and promote economic development in a low-income area.”