Working Capital Loan Fund Program
MnDOT is offering a Working Capital Loan Fund for certified Disadvantaged Business Enterprises.
In order to fulfill a MnDOT contract, many small businesses need a loan for the equipment and workers necessary to undertake the project.
The project will grant loans up to $25,000 to qualified Disadvantaged Business Enterprises for these types of project costs.
WomenVenture administers the loan program for MnDOT and will provide financial training, support, and assistance for DBEs who have been awarded a MnDOT contract or who may be considering bidding on a project; pre-approval will expedite loan processes when the project is awarded.