The Minnesota Department of Employment and Economic Development has launched a new effort to support and grow small businesses in Minnesota. The $10 million program will provide low-interest loans to small businesses.
The Expanding Opportunity Fund will target entrepreneurs who have struggled to access capital through traditional bank loans. The fund is designed to support historically under-funded small businesses operated by women, people of color, or in Greater Minnesota.
Lenders can receive up to $600,000 to provide low-interest loans to the small business owners they serve.
Grand Forks Business Leaves with Unpaid Debt to City
(KNOX) - A Grand Forks tech company that owes the city thousands of dollars in unpaid rent and loans is leaving. Thread, previously known as Airtonomy, is leaving the HIVE business incubator after roughly five years. Thrive owes at least $4000 in unp...
Dec 11, 2025
North Dakota Cleared to Eliminate Some Foods from SNAP Eligibility
(North Dakota Monitor) - North Dakotans receiving federal food assistance will not be able to use those benefits to pay for candy, soda and some other foods, after the state implements changes approved by the Trump administration. The U.S. Department...
Dec 11, 2025
City Leaders Discuss Homeless Population During Winter Weather
(KNOX) - City leaders are discussing an apparent shift in the pattern of where homeless people dwell during the winter months. Leaders went over the issue at a meeting of several entities Wednesday, among them law enforcement and non-profit organizat...
Dec 11, 2025
East Grand Forks Lowers Property Tax Levy Target
(KNOX) - East Grand Forks has lowered it's request for a levy increase for it's 2026 budget. The previous estimated increase was 12%, but an agreement with a union has allowed the city to lower it's request to eight percent. The city council has bee...
Dec 11, 2025
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