A Guide To STARTING A BUSINESS IN MINNESOTA 43rd Ed 2025

7(a) Loan Program SBA's primary program for providing financial assistance to small businesses. 8(a) Business Development Program The federal government's goal is to award at least 5% of all federal contracting dollars to small disadvantaged businesses each year. Boots to Business Boots to Business (B2B) is an entrepreneurial education and training program offered by SBA as part of the Department of Defense's Transition Assistance Program (TAP). B2B provides participants with an overview of business ownership and is open to transitioning service members (including National Guard and Reserve) and their spouses. 202-205-8381 Business Guide 504 Loan Program CDC (Certified Development Companies) Long-term, fixed rate financing of up to $5 million for major fixed assets Export and Trade Assistance Export Products Connect with SBA resources and partners to get help exporting. Federal Contracting Funding Programs HUBZone Program Program fuels small business growth in historically underutilized business zones with a goal of awarding at least 3% of federal contract dollars to HUBZone-certified companies each year. SBA Learning Platform Microloans Smaller-size loans of up to $50,000 provided through SBA funding intermediaries. National Ombudsman Primary mission is to assist small businesses 888-734-3247 Size Standards SBA’s size standards determine whether or not your business qualifies as small. when they experience excessive or unfair federal regulatory enforcement actions by a federal agency.

Surety Bonds The SBA guarantees bid, performance, and payment surety bonds issued by certain surety companies.

Veteran-Owned businesses SBA offers support for veterans as they enter the world of business ownership. Veterans Business Outreach Center (VBOC) Program Program offers resources to veterans, service members, and military spouses who are interested in starting or growing a small business. Social Security Administration (SSA), U.S. 332 Minnesota Street, Suite N650 St. Paul, MN 55101 800-772-1213 800-325-0778 (TTY) Business Services Online Greater Twin Cities Metropolitan Area Social Security - Card Center 1811 Chicago Ave., Suite 2 Minneapolis, MN 55404-1998 800-772-1213 800-325-0778 (TTY) Information for Employers - Business Services Social Security Number Verification Service (SSNVS) Publications & Forms Treasury, U.S. Department of the Alcohol and Tobacco Tax and Trade Bureau (TTB) Collects Federal excise taxes on alcohol, tobacco, firearms, and ammunition. Public Information Officer 1310 G Street, N.W., Suite 300 Washington, D.C. 20220 202-453-2000 Beverage Alcohol - TTB Regulated Industry Firearms / Ammunition Excise Tax Getting Started in a TTB-Related Industry Tutorial Electronic Federal Tax Payment System (EFTPS) 800-555-3453 EFTPS Customer Support -Business 800-555-4477 (English) 800-244-4829 (Espanol) Veterans Affairs, U.S. Department of 202-303-3260 Office of Small & Disadvantaged Business (OSBDU)

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