Minnesota offers a focused group of accelerators for early-stage companies. These programs support startups in sectors ranging from SaaS and consumer products to HealthTech and FinTech.
Among them, Target Takeoff has backed over 190 companies, while the remote-first TinySeed has made more than 100 investments. Each program provides different resources and opportunities for founders.
Below is our list of the best 10 accelerators and incubators in Minnesota.
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2,189 Accelerators & Incubators
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1,600+ Unicorns
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250 BioTech & Health Investors
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250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
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250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50As the first accelerator designed for bootstrappers, TinySeed runs a year-long remote program for early-stage SaaS founders. They provide mentorship and funding, helping entrepreneurs build sustainable businesses on their own terms.
| Year Founded | 2018 |
| Founders | Rob Walling, Einar Vollset |
| Nº of Investments | 101 |
| Nº of Exits | 6 |
| Program Type | Online |
Run by the retail giant itself, Target Takeoff is a product-focused accelerator that gets emerging consumer brands ready for mass retail. The program provides founders with deep retail knowledge and mentorship from Target leaders, helping them scale their products onto store shelves.
| Year Founded | — |
| Founders | — |
| Nº of Investments | 194 |
| Nº of Exits | 3 |
| Program Type | On-Site |
| Duration (Weeks) | 5 |
OnRamp Insurance Accelerator champions insurtech innovation by providing early-stage startups with capital and direct access to corporate partners like Allianz Life and Securian Financial. Through its intensive program, founders receive crucial investment and mentorship to build and scale their solutions within the established insurance ecosystem.
| Year Founded | 2015 |
| Founders | — |
| Nº of Investments | 10 |
| Nº of Exits | 3 |
By combining analytical horsepower with commercial and financial strategy, Jennus Innovation helps build and launch new ventures. Their focus lies within the athletics sector, providing targeted support to bring innovative sports-related products and services to life.
| Year Founded | 2013 |
| Founders | — |
| Nº of Investments | 4 |
| Nº of Exits | 2 |
Specializing in the life sciences, Invenshure partners with early-stage companies in therapeutics, platform technologies, and medical devices. As an incubator, they provide the necessary investment and foundational support to launch and scale these innovative ventures.
| Year Founded | 2011 |
| Founders | Danny J. Cunagin, Troy Kopischke |
| Nº of Investments | 3 |
| Nº of Exits | 1 |
Meda champions minority entrepreneurs by providing business consulting, access to capital, and market opportunities. For over 50 years, they have helped BIPOC-owned businesses succeed and build generational wealth, working to create a more equitable economy.
| Year Founded | 1971 |
| Founders | — |
| Nº of Investments | 6 |
| Nº of Exits | 1 |
Alloy Labs brings together a consortium of community banks to drive shared innovation and strategic investment in financial technology. Through its member-driven lab and venture fund, the organization helps these banks co-create solutions and partner with leading fintechs to better compete in the modern market.
| Year Founded | 2015 |
| Founders | JP Nicols, Jason Henrichs |
| Nº of Investments | 11 |
| Nº of Exits | — |
| Program Type | Online |
| Duration (Weeks) | 12 |
Backed by one of the world's leading medical centers, Mayo Clinic Platform partners with health tech startups and established companies to unlock new digital health solutions. They provide access to curated, de-identified data and a real-world clinical environment, enabling innovators to develop, validate, and scale their technologies.
| Year Founded | 2019 |
| Founders | — |
| Nº of Investments | 7 |
| Nº of Exits | — |
Focused on creating generational wealth, Target Forward Founders equips historically under-resourced entrepreneurs to launch and scale their product-based businesses. The accelerator provides invaluable retail expertise, mentorship, and network access to help early-stage companies succeed.
| Year Founded | 2014 |
| Founders | — |
| Nº of Investments | 1 |
| Nº of Exits | — |
IdeaGist operates the world's largest digital incubation platform, connecting aspiring entrepreneurs with the resources they need to turn their ideas into reality. Through its online community and structured programs, they help innovators from all over the globe validate their concepts and prepare for the next stage of growth.
| Year Founded | 2012 |
| Founders | Azeem Amir, Vikas Gupta, Rahul Ranjan, Hassan Syed, Shahnawaz Khan |
| Nº of Investments | — |
| Nº of Exits | — |
| Program Type | Online |
| Duration (Weeks) | 26 |