Attention Small Businesses – Main Street COVID Relief Grants available!
Apply for Share of $64 million in Minnesota Main Street COVID Relief Grants Beginning September 20
DEED will begin accepting applications for the Main Street COVID Relief Grants Program on September 20. This program was approved by the legislature during the June 2021 special session and included in the FY22-23 budget signed into law by Governor Walz.
A total of $64.2 million is available in grants for businesses that demonstrate financial hardship due to the pandemic. Funding will be distributed in a 50/50 split between the Twin Cities metropolitan area and Greater Minnesota. Businesses that are majority-owned by military veterans, women, and Black, Indigenous, and people of color individuals; employ 6 people or fewer; and/or did not receive previous assistance from other state relief programs will be prioritized in the selection process.
Selected applicants will receive an amount between $10,000 and $25,000 based on the number of full-time equivalent (FTEs) employees. To be eligible, businesses must operate in Minnesota and be majority owned by a resident of Minnesota. Additional eligibility requirements and application information can be found at DEED’s Main Street COVID Relief Grants Program page.
The application portal will open September 20, 2021 and will accept applications for 10 days after opening. Applications will close on September 29 at 11:59 p.m. Afterward, grant applications will be selected for consideration through a computer-generated, randomized selection process.