Ramsey County Small Business Relief Fund

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.

The Relief Fund will be administered by the Metropolitan Consortium of Community Developers’ Open to Business program, which provides technical assistance and access to capital for businesses throughout Ramsey County. Priority outreach will be conducted in partnership with community-based organizations working in low-wealth communities, communities of color, and areas with barriers to access other small business resources.

Funding for the Small Business Relief Fund is provided through the Ramsey County Investment and Support Efforts (RISE) program.

Apply Now


 

Round 3 Eligible Businesses

Self-employed/sole proprietor/creative businesses

(up to $10,000 in qualified expenses or an additional $2,500 if previously funded)

or 

Between 1 and 75 employees

(up to $15,000 in qualified expenses, or an additional $5,000 if previously funded)

Must be a locally owned and operated for-profit business with a physical establishment in Ramsey County or resident of Ramsey County

Shared commercial spaces and home based businesses

Home-based businesses must document that the business is a primary source of income

Must be licensed and in good standing, if applicable

Must demonstrate a significant loss in revenue since March 15 (no credit score or collateral requirements apply)

 

Must be a locally owned and operated for-profit business with a physical establishment in Ramsey County

Must have at least one employee in addition to the owner and not more than 75 employees

Must have been operating since March 1, 2020

Must be licensed, in good standing, current on property taxes prior to May 15, 2020, if applicable

Must demonstrate a significant loss in revenue since March 15 (no credit score or collateral requirements apply)

Apply Now

  Complete Guidelines

Technical Assistance Providers

The following organization are able to assist applicants in completing an application. 

Organization

Email

Phone

Languages Served

African Development Center

info@adcminnesota.org

612-333-4772

Somali, Oromo, Amharic, Swahili, English

Asian Economic Development Association

biz@aedamn.org

651-222-7798

Hmong, Lao, Vietnamese, English

African Economic Development Solutions

aedscovid19@aeds-mn.org

651-646-9411

Oromo, Amharic, Somali, English

Black Women’s Wealth Alliance

service@bwwa-us.com 

612- 876-1317

Ebonics, English

East Side Neighborhood Development Company

adejoy@esndc.org

651-288-8744

English
Hmong Chamber of Commerce info@mnhmongchamber.org   Hmong

Latino Economic Development Center

bizsupport@ledcmn.org

651-395-4037

Spanish, English
Saint Paul Area Chamber of Commerce tong@saintpaulchamber.com   English, Hmong
Springboard for the Arts

adia@springboardforthearts.org

651-292-4381 

English

Urban Village (serving Karen and Karenni businesses)

urbanvillage.mn@gmail.com

 

Sgaw Karen, Poe Karen, Karenni, English

WomenVenture

info@womenventure.org

612-224-9540

English