A recent study found that Minneapolis is one of the top cities in the nation for female entrepreneurs. According to NerdWallet, Minneapolis -- where nearly one-third of all businesses are owned by women -- is the fourth best city for female entrepreneurship. The City of Lakes reportedly scored big for having low unemployment rates and a wealth of women's business organizations.
Many Twin Cities entrepreneurs have struggled to pursue their business ventures in recent years. The recession has made it difficult for would-be small business owners to access financing as well as for existing start-up businesses to obtain loans to grow and thrive. This week, state officials made an announcement that many entrepreneurs may be interested to hear.