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$33 Million in State Funding Set up for Small Businesses in Minnesota

  • Tim Walz announced $33 million for small businesses in Minnesota on July 15.
  • Approximately 200 small businesses will benefit from this funding, which is part of a federal initiative.
  • Walz emphasized the importance of small businesses, stating they are the 'risk takers.'
  • He noted that the state can support its businesses, but not to the extent required for 'billions of dollars in certain programs.
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Duluth News TribuneDuluth News Tribune
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Gov. Tim Walz announces $33M in federal funds for Minnesota small businesses

MINNEAPOLIS — Gov. Tim Walz announced $33 million for small businesses across Minnesota during a roundtable at the University of Minnesota on Tuesday, July 15. Roughly 200 small businesses across the state are set to receive a share of $33 million — the second rollout of the federally funded $97 million Small Business Credit Initiative. The roundtable, held Tuesday at the McNamara Alumni Center, featured several small business owners and Departm…

·Cherokee County, United States
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Fox 9 broke the news in Minneapolis, United States on Tuesday, July 15, 2025.
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