The Minnesota Department of Employment and Economic Development (DEED) is now accepting applications for the Minnesota Main Street COVID Relief Grant Program. DEED Commissioner Steve Grove:
“The big picture is this is 64.2 million dollars in grants it will go out in grant amounts of 10,000 or 25,000 based on the size of your company. To be eligible you have to be a business that operates in Minnesota, you have to have a majority of your ownership be from residents of the state.”
Funding will be distributed in a 50/50 split between the Twin Cities metro area and Greater Minnesota and be awarded through a lottery.