The Minnesota Department of Employment and Economic Development will host an informational webinar on the Main Street COVID Relief Grant program today, Monday, Sept. 20, as the program starts accepting applications.
The webinar starts at 10 a.m. Theportal will accept applications for 10 days after opening. Applications will close on Sept. 29.
A total of $64,200,000 is available in grants for Minnesotan owned and operated businesses that can demonstrate financial hardship due to the COVID-19 pandemic.
According to DEED, businesses that are majority-owned by military veterans, women, and Black, Indigenous, and people of color individuals; employ six people or fewer; and/or did not receive previous assistance from other state relief programs will be prioritized in the selection process. Funding will be distributed in a 50/50 split between the Twin Cities metro area and Greater Minnesota.
Applicants that qualify and are selected will receive a grant amount between $10,000 and $25,000 based on the number of full-time equivalent employees on staff. To be eligible, businesses must operate in Minnesota and be majority owned by a resident of Minnesota.
Click here to join the webinar.