DEED to Host Small Business Relief Grant Webinars
June 23, 2020
The Minnesota Department of Employment and Economic Development (DEED) will host several online webinars to explain how business leaders can apply for its small business relief grants.
Learn more by registering on the DEED website.
Schedule of Webinars
- June 24: 3 - 4 p.m.
- June 25: 7 - 8 p.m.
- June 26: 4 - 5 p.m.
- June 27: 10 - 11 a.m.
- June 28: 3 - 4 p.m.
- June 29: 10 - 11 a.m.
- June 30: 7 - 8 p.m.
The Small Business Relief Grant 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. Half of the grant money is earmarked for Greater Minnesota and will be administered and distributed by the Minnesota Initiative Foundations.
Grant funds received by individual businesses shall be used for working capital to support payroll expenses, rent, mortgage payments, utility bills, and other similar expenses that occur or have occurred since March 1, 2020, in the regular course of business. These are grants and no repayment will be required. See our most recent email for application tips and insights.
Applications for the Small Business Relief Grant Program are now open and will be accepted until 5 p.m. on Thursday, July 2. Please click on the application tab below to apply.