SMIF Promise Act Grant Opportunity for small businesses
Southern Minnesota Initiative Foundation (SMIF) is pleased to announce grants for small businesses in south central and southeastern Minnesota that are located within its service area which includes 20 counties and one Native nation.
The PROMISE Act is funded by a one-time allocation from the State of Minnesota Legislature in partnership with the Minnesota Department of Employment and Economic Development (DEED). Grants can range from $10,000 to $50,000 and will be awarded to businesses to invest in existing operations or planned growth. Grant awards will be limited and approved on a competitive basis.
Minnesota Paid Leave
Minnesota’s Paid Leave benefits begin on January 1, 2026. Business owners/operators should visit the Paid Leave website for information and critical deadlines.