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Main Street Economic Revitalization Grants

About

Main Street Economic Revitalization Grants support business recovery and economic development along the Minneapolis commercial corridors worst hit by the combined impact of COVID-19 and the destruction following the murder of George Floyd. $18 million will be distributed to projects in these corridors: Lake Street, the area around 38th Street and Chicago Avenue, and North Minneapolis' West Broadway Avenue.

DEED has funded grants throughout the state. Funds available to Hennepin County cities include:

Chinese Chamber, Minneapolis Foundation

 

Loan Amount: Grants up to $750,000; Guaranteed loans up to $2M

Community served: Minnesota

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Specialties

Access to Capital, Government resources, Lending resources

Specialization

Stage

Early growth businesses (1-9 employees), Second stage businesses (10+ employees)

Language

Speaks English

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