Enter your keyword

Dakota County Grants $10 Million in COVID-19 Relief to Small Businesses

Dakota County Grants $10 Million in COVID-19 Relief to Small Businesses

Dakota County Grants $10 Million in COVID-19 Relief to Small Businesses

APPLE VALLEY CHAMBER NOTE: A few weeks ago, we published in Apple Slices a letter sent to our County Commissioners written by Hastings, Apple Valley, Burnsville and River Heights Chambers of Commerces together. While our voices for business were not the only voices, we think collectively we are the most important voice and we appreciate all that our County Commissioner Chris Gerlach did for our business community along with the other Commissioners who voted for this much needed relief. Ultimately, all money begins somewhere with businesses so having businesses in effect be rebated is good money put to good use and will only bring more revenue back to the county later with stronger surviving businesses. We thank them.

ARTICLE: Dakota County Provides $10 Million in COVID-19 Relief to Small Businesses. Grants up to $10,000 available for eligible applicants.

The Dakota County Board of Commissioners has approved the Small Business Relief Grant program to provide $10 million from the county’s allocation of federal CARES Act funds to assist small businesses that have suffered financially due to the COVID-19 pandemic.
Grants of up to $10,000 will help businesses cover payroll, rent, mortgage payments, utility bills and other operational expenses since March 1, 2020.
“Small businesses are the threads that keep our communities connected and provide important jobs and resources for residents,” said Dakota County Board Chair Mike Slavik. “Through this program, we hope to stabilize businesses hit hardest during temporary closures and business changes as a result of COVID-19.”
The county is partnering with the Dakota County Community Development Agency (CDA) and program administrator NextStage to provide the small-business grants.
“I encourage all businesses who may be eligible for these grants to apply,” said Commissioner Chris Gerlach, who also serves as CDA board chair. “We know our businesses have suffered tremendously, and every job we can save means more economic security for all us during these challenging times.”
To qualify, businesses must:
  • Be able to demonstrate financial hardship as a result of the COVID-19 pandemic.
  • Employ the equivalent of 50 or fewer full-time workers.
  • Be a private for-profit business that has a permanent physical location in Dakota County.
  • Be majority-owned by a permanent Minnesota resident.
  • Be in good standing with the Minnesota Secretary of State and Minnesota Department of Revenue as of March 1, 2020.
  • Be in good standing with Dakota County and the city where the business is located.
The online application will be available Monday, July 27. The application deadline is 4:30 p.m. Friday, Aug. 14. Only one application needs to be submitted per business. Incomplete applications will not be accepted. If the number of applications exceeds available funding, a randomized selection process will be used.
A business that has applied for the Minnesota Department of Employment and Economic Development grant program should also apply to the Dakota County program in case they aren’t selected in the state process.
For complete grant information, visit: www.dakotacda.org. For questions, call 651-675-4481 or email [email protected].

No Comments

Post a Comment

Your email address will not be published.