[UPDATED] Why Is DEED Trying To Put Minnesota’s Tech Entrepreneurs Into Debt?


[UPDATED 10/30/18 10:30 CST] Two tech companies that have received MILE loans to date include: UR Turn ($50k) & Thrivors ($46k).

Minnesota’s Department of Employment and Economic Development aka DEED recently launched a new debt financing program targeting local early stage tech entrepreneurs called Minnesota Innovation Loans for Entrepreneurs (MILE).