There are a variety of resources available to you to help finance your business.
Brooklyn Park SPARK Fund Program
The Brooklyn Park SPARK Fund program focuses on business eligibility and economic impact to provide meaningful support.
Please note that this is not the actual application, but a short intake form that helps us understand your business needs and determine eligibility for funding. The Intent to Apply application will be open from Monday, April 6, 2026 to Monday, April 20, 2026. We will notify eligible applicants who move on to the next phase regularly, beginning Friday, April 10, 2026.
What to expect:
- You do not need any documents to get started.
- The intake form takes about 10 minutes to complete.
- We do not request immigration status at any point.
- Language support is available to help you complete the form.
We encourage all eligible business owners to apply and access resources designed to help their businesses navigate these challenging times.
Eligible Criterion
- Business must be physically located within the City of Brooklyn Park
- Business must be active and in good standing with the MN Secretary of State
- Must demonstrate a significant loss in revenue from December 2025 – March 2026 due to recent enforcement actions (defined as a 30% or greater drop in gross revenue vs. comparable period)
- Business structure must be a for-profit entity
- Business must be currently open and operating (fully or with limitations)
- Business must make direct sales or provide services to the public on a transactional basis (restaurants, retail, salons, personal care, etc.)
- Must employ 50 or fewer full-time equivalent (FTE) employees as of 12/31/2025
- Business must have been operating for at least 6 months prior to 12/31/2025
- Business must be licensed (if required), in good standing, and not delinquent on property taxes or other city obligations
- Business must be independently owned or, if a franchise, must provide proof of local ownership
- Annual gross sales/revenue must be equal to or less than $2,000,000
Ineligibility Criterion
- Home-based businesses without a physical commercial establishment
- Non-profit organizations, schools, churches, or government entities
- Corporate chains, multi-state chains, or franchises without proof of local ownership
- Businesses that primarily derive income from business-to-business (B2B) sales, governmental contracts, or recurring contracts/memberships
- Businesses that primarily derive income from gambling or adult entertainment
- Businesses that primarily sell pawned merchandise, firearms, tobacco or vaping products, or cannabis
- Businesses that derive income from passive investments, real estate transactions, property rentals, property management, billboards, or lobbying.
Emergency Ordinance
Non-Residential
On February 17, 2026, the Brooklyn Park City Council approved an emergency ordinance which requires property managers and landlords to provide a pre-eviction notice to a tenant 30 days prior to initiating eviction action for non-payment of rent or other financial obligations as laid out in the lease. The emergency ordinance is active until March 19, 2026, however, the City Council may extend the emergency ordinance.
This emergency ordinance can be found here >
The emergency ordinance was adopted to provide temporary protections for renters affected by federal immigration enforcement efforts.
If renters are behind on rent or other financial obligations the emergency ordinance requires a pre-eviction notice to renters at least 30 days before the landlord can bring an eviction action.
Pre-eviction notices must be provided to any renter. All landlords and property management groups must provide a 30-day pre-eviction notice.
The current emergency ordinance is active February 17-March 19, 2026 (30 days). Emergency ordinances may be extended by City Council.
The property management team or landlord shall deliver the pre-eviction notice to the renter personally or by first-class mail.
A template for a pre-eviction notice can be found here >
The following information must be provided.
1. The following advisory in English, Hmong, and Spanish: “This is important information about your housing. If you do not understand it, have someone translate it for you now, or request a translation from your landlord.” Upon request, the landlord must provide the entire notice in the required language.
2. The name, mailing address, and telephone number of the person authorized to receive rent and fees on behalf of the landlord.
3. The total amount of money due and owing to the landlord by the tenant including specific accounting of the money due and owing to the landlord by the tenant, including any past due rents, any late fees, and any other charges
4. State that the landlord may file an eviction case if the tenant fails to pay the total amount due or move out within 30 days from the date the notice was delivered, and such dates must be included in the notice.
5. Include the following statement: “If you need legal or financial help you may contact the resources listed in this pre-eviction notice.”
6. Provide a description of how to access legal and financial assistance through information posted on the city’s website.
Small Business Relief Funds
Businesses can apply for the following grant opportunities:
MN PROMISE Act – Round 2:
Grants for working capital, payroll, rent, equipment, and other regular expenses. For-profit small businesses and some nonprofits in specific areas within Minneapolis and St. Paul with gross annual revenue of $750,000 or less and did not receive Round 1 funding are eligible.
Economic Response Fund (Minneapolis Foundation):
The fund includes an initial $4 million seeded by 28 Minnesota companies and individuals to support small businesses statewide. Initial distributions are expected in the coming weeks.
Southeast Asian and Immigrant/Refugee Small Business Stabilization Grant:
American Partnership is offering grants of up to $5,000 to support Southeast Asian and immigrant/refugee business owners with brick-and-mortar businesses in the Greater Twin Cities area. Applications are accepted on a rolling basis until 11:59 p.m. Sunday, March 8, 2026. Applicants will be notified of their status by March 31, 2026.
The Salt Cure Restaurant Recovery Fund:
Independent restaurants are essential to the vitality of our neighborhoods, and many are struggling to survive in the wake of the federal immigration enforcement surge. This Fund, administered by the Minneapolis Foundation, is offering emergency grants to help keep these businesses open and thriving. The grants will help cover hardships for ongoing restaurant operations and range from $2,500 to $10,000 in the first round.
Microbusiness Loan Program
The Microbusiness Loan is a Brooklyn Park Development Corporation (BPDC) program designed to provide resources to budding businesses. Eligible businesses can receive loans from $1,000 to $10,000 with a 2% interest rate and maximum term is 5 years with no prepayment penalty. This program can help businesses fund critical projects and build business credit and payment history which is critical when seeking larger investments in the future.
Potential funding needs
- Capital improvements
- Inventory
- Employee-related expenses
- Marketing assistance
- Technology updates: Hardware, Software, Subscription-based IT-related services
Contact
Real Estate/Equipment Loan
These loans finance fixed assets/purchases and are designed to leverage other financing resources.
Loan summary
- Loan amounts of $50,000 to $300,000
- Project must be for a “for-profit” business located in Brooklyn Park
- Eligible loans are project dependent and include fixed assets and money for acquisition
- Loan interest rate is fixed at market rate
- Loan terms are equal with the life of the asset
- At least 50% of the project financing must come from private lender or another source
Sewer Availability and Water Access Charge Assistance Programs
To assist with the financial impact of paying for Sewer Access Charge (SAC) or Water Access Charges (WAC) fees, the City has developed two distinct programs to help businesses with the cost.
Business Fee Reduction Program
This policy aims to reduce the barriers to starting and expanding a business and completing strategic development or redevelopment projects in the City by reducing the number of Sewer Availability Charge (SAC) and/or Water Access Charge (WAC) a qualified business or project is obligated to pay.
Deferral Program
The city’s Sewer Availability Charge and Water Access Charge (SAC and WAC) payment deferral program allows eligible businesses and property owners to pay the costs of up to 10 SAC and 10 WAC over 5 years at 3% interest.
Learn more about the SAC/WAC Business Fee Reduction and Deferral Programs
Contact
Malcolm Hicks
Business Development Coordinator
malcolm.hicks@brooklynpark.org
763-493-8053
Minnesota Investment Fund
Available through the State of Minnesota, the Minnesota Investment Fund provides low interest loans to help add new workers and retain high-quality jobs. The program focuses on industrial, manufacturing, and technology-related industries to increase the local and state tax base and improve economic vitality statewide.
Funds are awarded to local units of government who provide loans to assist expanding businesses.
Projects must meet minimum criteria for private investment, number of jobs created or retained, and wages paid. At least 50 percent of total project costs must be privately financed through owner equity and other lending sources. There is a maximum of $500,000 per project.
Terms are up to 20 years for real estate and up to 10 years for machinery and equipment. Interest rates are negotiated.
Contact
Minnesota Department of Employment and Economic Development
651-259-7430
Find your next employees!
Job Creation Fund
The job creation fund provides financial incentives to new and expanding businesses that meet certain job creation and capital investment targets.
Companies deemed eligible to participate may receive up to $1 to $2 million for creating or retaining high paying jobs and for constructing or renovating facilities or making other property improvements.
Visit Minnesota Department of Employment and Economic Development
Minnesota Job Skills Partnership
The Minnesota Jobs Skills Partnership (MJSP) Program provides training grants of up to $400,000 to educational institutions that partner with businesses to develop new-job training or retraining for existing employees.
Funds may be used for training-related costs such as curriculum development, instruction, training materials and supplies, training equipment, and instructor travel. A cash or in-kind contribution from the contributing business must match program funds on at least a one-to-one basis. More information is available from the Minnesota Department of Employment and Economic Development.
Minnesota Jobs Skills Partnership
BrookLynk
Is your business or organization ready to make a strategic investment into talent and workforce development? Then explore the opportunity of hosting summer interns with BrookLynk.
Workforce Training
Brooklyn Park has a variety of workforce training and continuing education providers available within the City. The Workforce Center can help businesses find workers.