Dakota County Approves Round 2 of Grants $5 Million More – Start Applying Monday Oct. 26!
AV CHAMBER NOTE: It will follow the same criteria as Round 1 except HOME BASED BUSINESSES ARE NOW ELIGIBLE. Also on 1st come, 1st serve basis. Applications starting Monday October 26th through Friday November 6th.
Dakota County Small Business Relief Grant Program
Round 2 has the same eligibility criteria as the first program, but added home-based businesses as eligible applicants.
Home-based business will be eligible to apply for Round 2 with the following restrictions:
- The profit generated from the home-based business must be the primary source of income for the applicant (i.e. hobby-based business are not eligible to apply)
- Home-based businesses may not apply for home mortgage and/or rent expenses
- If the home-based business is owned and operated by a sole-proprietor, the applicant may not apply for payroll expenses
- The home-based business must otherwise meet program eligibility criteria
The application period for Round 2 opens Monday, October 26 and ends on Friday, November 6. It will be a first-come, first-serve program and requires that applicants have all verification documentation upfront included in the application.
You can find more information at:
https://www.co.dakota.mn.us/HealthFamily/HandlingEmergencies/Disasters/Pages/small-business-relief.aspx. Program Guidelines and FAQ can be found on the website.