Choose MN for Business
Choosing local isn’t just about where we shop or dine, it’s about who we are. Minnesota’s strength has always been built by local businesses – neighbors who took risks, opened their doors, hired locally, and helped build the communities we call home.
Minnesota’s globally recognized companies thrive here because of strong local communities, vibrant main streets and small businesses that make this a great place to live and work. As 2026 began, many businesses faced unexpected disruptions that affected foot traffic, staffing and revenue.
Now is a moment we can all show up – not just to support them, but to rediscover the restaurants, shops, products and services that make our communities vibrant and uniquely Minnesota.
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LilyPAD Founder Felisha Fox presents her medical device at a recent pitch competition. (Photo courtesy of Felisha Fox)
Medical Device Startup Grows After DEED Grant
Felisha Fox created the LilyPAD to help individuals overcome needle phobias. The device, developed by her company FeVi, helps patients who experience fear and pain with injections by using gentle, science-backed sensory stimulation and customizable distraction to bring comfort and confidence to children and adults alike.
FeVi was awarded a grant through DEED’s Launch Minnesota program in November 2023. Since then, the company has made significant strides toward becoming a standard-of-care injection comfort device.
Felisha recently completed a prototype of the device and submitted a patent. She also closed a funding round of more than $20,000 in under two months. Most recently, she pitched at Walleye Tank and was selected for a fellowship that comes with $120,000 in non-dilutive funding over two years.
“The Launch Minnesota grant was one of the first validations that this idea was worth pursuing seriously,” Felisha said. “It helped me take LilyPAD from science fair project to a medical device company, and I’m grateful for the role it played in getting us here.”
Growth Loan Fund Provides Support to Scaling Companies
DEED’s Growth Loan Fund supports innovative early-stage businesses across Minnesota by providing low-interest loans paired with private investment. Through the State Small Business Credit Initiative (SSBCI), eligible startups can access loans ranging from $100,000 to $400,000 to help fuel growth and scale operations.
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SBDC Success Story: Northern Waters Float
Liz Prosnick opened Duluth’s first float therapy center with assistance from Northland SBDC. Northern Waters Float Center owns two float orbs and offers Restricted Environmental Stimulation Therapy (REST) – a relaxing experience where clients float weightlessly in high-salinity water designed to calm the body and mind.
“I had been floating for the previous eight years, and when I relocated, I saw an opportunity to bring float therapy to Duluth,” Liz said.
To bring her vision to life, Liz turned to the Northland SBDC. She worked with consultant Curt Walczak to refine her business plan, develop financial projections, understand the LLC registration process, and navigate funding options.
Now in operation, Northern Waters Float is gaining traction as a wellness destination in the region. Liz is excited for the winter season, when her warm, sensory-friendly environment offers a cozy escape from the Northland cold.
Connect with your local SBDC
 Workshop: Are You Lender Ready?
SBA Minnesota invites business owners to a no-cost workshop focused on preparing to ask for a small business loan. This event will cover everything from business credit, understanding business financials and pitching to a lender.
Register here
 June Small Business Call: How to Sell Online
Selling online doesn’t have to be complicated or technical. In this practical session, small business owners will learn the simple building blocks of e-commerce — how to help customers find you, understand what you offer, and confidently complete a purchase or booking.
Register here
Registration Open for UMN's Value Prop Course
The University of Minnesota’s Value Proposition course, developed in partnership with Launch Minnesota, helps entrepreneurs apply Lean Startup tools to refine their business concepts and better understand customer needs. Participants will explore customer discovery, market assessment, commercialization planning and more while learning from experienced entrepreneurs and industry experts. The free four-week course begins on June 30.
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Microgrants for Food Businesses
The Market Entry Fund – Micro Grants Program supports food/beverage/agriculture businesses in the consumer-packaged goods (CPG) industry. The objective of the TMEF Micro-Grants Program is to bolster the financial capability of emerging businesses that are owned by underrepresented entrepreneurs in Minnesota who demonstrate systemic barriers to equitable participation in this sector. Grants range from $5,000 to $20,000. Applications close on July 11.
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June 3: MN Cup Semifinalist Reception
June 10: MB Mentors Webinar – Learn Cash Flow Management
June 18: Built to Last – Legacy and Ownership Summit
Startup and Small Business Calendar
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