Minnesota Investment Network is a Community Development Financial Institution (CDFI) organized as a community development venture capital fund to provide equity capital and expertise to companies located in Minnesota. MIN is the only equity fund in Minnesota that focuses on rural business opportunities statewide.

Minnesota Investment Network Corporation seeks to invest its entire Equity Fund in growth companies located in Minnesota and to build local equity capacity by establishing RAIN® funds. Investments must be capable of providing returns to investors and creating quality jobs.

Venture Capital
Investment Amount	Investments range from $250,000 to $1.5 million
Use of Proceeds	Finance intangible assets and growth
Term of Loan	Expect a liquidity event in five to seven years
Typical Structure	Subordinated Debt, Preferred Stock and Common Stock
How Long Does it Take	Due diligence process ranges from three to six months
Collateral	Typically none
Personal Guarantees	Typically none
Eligible Businesses	Manufacturing and technology companies in need of equity capital for growth, expansion, and/or ownership transition
Ineligible Businesses	Service and retail companies
Job Creatin Criteria	A portion of the business must be located in Greater Minnesota
Fees	Typically 2% of financing structured as part of the investments

For more information on this program, contact BLADC or visit Minnesota Investment Corp’s web site.