The Minnesota Department of Employment and Economic Development (DEED) has announced that the Minnesota Small Business Relief Grants Program will begin accepting applications Tuesday, June 23.
This program will make available $10,000 grants to Minnesotan owned and operated businesses that can demonstrate financial hardship as a result of the COVID-19 outbreak. A total of $60.3 million is available for grant awards which will be selected through a computer-generated, randomized selection process.
State Representative Mary Franson, R-Alexandria, released the following statement regarding the upcoming application period.
“Small businesses in our community have been struggling for months because of shutdowns mandated by the governor,” said Franson. “I believe that this grant program will give many of our local businesses the helping hand they need to make ends meet as they navigate this new economy. I am hopeful that businesses will be able to use this program to keep their doors open and continue to provide the jobs that are so critical to our community.”
The application period will run until Thursday, July 2 at 5 p.m. Eligibility requirements and application information can be found on DEED’s Small Business Relief Grants page.