Ramsey County Small Business Relief Fund Now Open!

Posted on November 19, 2020 - 1:32pm
Ramsey County has remaining CARES Act funds to assist businesses that may have experienced financial strain as a result of the COVID-19 crisis. This will be the last grant round for 2020, and applications will be accepted on a rolling basis until December 4th or funds are exhausted, whichever comes first.
 
Businesses that have already received funding through Ramsey County’s Small Business Relief Fund are also eligible for consideration, and able to receive an additional grant up to $5,000 (businesses with employees are eligible for no more than $15,000 cumulatively from Ramsey County) or $2,500 (self-employed, sole proprietor, and creative businesses) are eligible for no more than $10,000 cumulatively Small Business Relief funds) respectively.
 
Businesses that have previously submitted an application and not yet received an award during previous rounds and now meet the updated eligibility will be prioritized for selection.
 
Funds can be used for operating expenses, including rent payments, mortgage payments, utilities, payments to suppliers, production of business contingency plans, technical assistance/reopening services, technology capital or marketing assistance/tools, security or other critical non-payroll business expenses (including expenses related to reopening) as approved by the fund administrator.