DEED Small Business Relief Grants Program Online Application Available Now

Posted on June 23, 2020 - 5:21pm
DEED Small Business Relief Grants Program Online Application Available Now
 
The Minnesota Department of Employment and Economic Development (DEED)'s Small Business Relief Grants Program will begin accepting applications today. The application is an online form, available through the DEED website. The application is currently available in English, and applications in Spanish, Hmong, and Somali will be available here soon.
 
NOTE: Because it is the first day that the application is available, many people are clicking the application link at the same time, causing a server overload. You may see a message that says "The system is currently busy, please try again later". The form will be available again later, when there are fewer people trying to access the form. See "Tips" section below for more information.
 
The application period will begin on Tuesday, June 23 and close at 5:00 p.m. on Thursday, July 2. A randomized, computer-generated lottery process will be used to select eligible businesses that will receive grant funds. Grant funds can be used for working capital to support payroll expenses, rent, mortgage payments, utility bills, and other similar business expenses.
 
There are 22 questions on the application, and no documents need to be uploaded to apply. The entire application can be completed online, on a phone, tablet, laptop or desktop computer. Questions asked on the application include:
  • Who owns the business?
  • Where does the owner live?
  • Where is the business located?
  • How many full-time employees does the business have?
  • Is the business registered with the Minnesota Secretary of State? Is your registration active as of March 1, 2020? Visit this page for information.
  • Is your business in good standing with the Minnesota Department of Revenue as of March 1, 2020?
  • Has your business experienced financial hardship due to COVID-19 compared to this time last year?
  • Was your business impacted by an Executive Orders related to COVID-19 that limited the ability of your business to operate?
 
To qualify, an applicant must:
  • Be a private for-profit business that has a permanent physical location in Minnesota.
  • Be majority owned by a permanent resident of Minnesota.
  • Be in good standing with the Minnesota Secretary of State and the Minnesota Department of Revenue as of March 1, 2020.
  • Employ the equivalent of 50 or fewer full-time workers.
  • Be able to demonstrate financial hardship as a result of the COVID-19 outbreak.
 
Businesses that received funding under the Small Business Emergency Loan Program (SBEL) are NOT eligible for this program. (However, businesses that received funding through the SBA (such as PPP), the Minneapolis Gap Fund or the St. Paul Bridge Fund, or those who have applied for the Hennepin County or Ramsey County Small Business Relief fund programs ARE still eligible for this program.)
 
The application is available here.
 
Application Tips/Helpful Information:
  • When you click the application link, you may get a message that says "The system is currently busy, please try again later".
  • This means there are many people clicking the link at the same time. Keep refreshing the page until you see the page with the heading "Small Business Relief Grant Application Form”, or come back to it later in the day or another day.
  • Because qualified applicants will be chosen to receive a grant through a lottery system, applying for the program the first day it is available does NOT improve your chances of getting a grant.
  • If your response to a question makes you ineligible for this program, you will receive a message that says "Unfortunately, your business does not qualify for this grant program", and you will not be able to complete the rest of this form.
  • You do not need to upload any documents to complete the form.
  • If you are chosen to receive a grant through the lottery process, you will be asked to sign a document that certifies that you qualify for the program and that you will use the funds for their intended use. You may also be asked to provide a document that shows you are a permanent resident of Minnesota, such as a driver’s license or utility bill.
 
DEED Hosting Small Business Relief Grant Webinars
 
DEED staff are hosting several free online webinars on the new Small Business Relief Grants. These webinars will help explain to business leaders how to apply for the grants.
 
Schedule of Webinars
  • June 24 - 3:00 - 4:00 p.m.
  • June 25 - 7:00 - 8:00 p.m.
  • June 26 - 4:00 - 5:00 p.m.
  • June 27 - 10:00 - 11:00 a.m.
  • June 28 - 3:00 - 4:00 p.m.
  • June 29 - 10:00 - 11:00 a.m.
  • June 30 - 7:00 - 8:00 p.m.