EVENT LINK: https://wcif.org/promise-act-grants/
FEE: Free to apply
Promise Act Grants
West Central Initiative is partnering with the Minnesota Department of Employment and Economic Development (DEED) to distribute PROMISE Act Grants to businesses in west central Minnesota. The PROMISE Act grant program was created by the Minnesota Legislature in 2023 to support small businesses and nonprofits that did not receive state grants during the pandemic.
The Providing Resources and Opportunity and Maximizing Investments in Striving Entrepreneurs (PROMISE) Act, which was approved by the Minnesota State Legislature and signed into law by Governor Tim Walz, will award grants to eligible businesses and nonprofits in specific communities. Over $86,000,000 will be awarded across the state as grants in multiple rounds. West Central Initiative will distribute over $1.15 million in PROMISE Act Grants to businesses and nonprofits in west central Minnesota in State Fiscal Year 2026.
Grant funds can be used for working capital to support payroll expenses, rent or mortgage payments, utility bills, equipment, and other similar expenses that occur in the regular course of business.
Important Dates
We received a large volume of applicants for the 2024 grant round. We anticipate to complete the reviews and funding determinations for the 2026 grant round by February 27, 2026. All applicants will be notified if they will receive funding or not.
The application is open December 1-January 15 at 4:30 p.m.
