Written by Vicki Oakes, MNbump Connector
Ortonville EDA & Big Stone Area Growth
This page has been in continual update mode since March 2020. We have now taken down our local updates and notices and provided resource links that cover the current information and connections. We will update this page with urgent information arises.
Note: Whether local, state or federal assistance programs, you can call Big Stone Area Growth & Ortonville EDA for help/questions on forms, where to start, etc. please call 320-839-6155
Update September 2020 –
Minnesota Main Street COVID Relief Grants Now Accepting Applications
Applications will close on September 29
The Minnesota Department of Employment and Economic Development (DEED) is now accepting applications for the Minnesota Main Street COVID Relief Grant program.
A total of $64,200,000 is available in grants for Minnesotan owned and operated businesses that can demonstrate financial hardship due to the COVID-19 pandemic
Businesses that are majority-owned by military veterans, women, and Black, Indigenous, and people of color individuals; employ 6 people or fewer; and/or did not receive previous assistance from other state relief programs will be prioritized in the selection process. Funding will be distributed in a 50/50 split between the Twin Cities metro area and Greater Minnesota.
Applicants that qualify and are selected will receive a grant amount between $10,000 and $25,000 based on the number of full-time equivalent (FTEs) employees on staff. To be eligible, businesses must operate in Minnesota and be majority-owned by a resident of Minnesota. Additional eligibility requirements and application information can be found at DEED’s Main Street COVID Relief Grants Program page.
If you’d like to talk to someone locally about this program, please contact:
Lisa Graphenteen of Big Stone Area Growth office #320-839-6155 or cell 507-227-5402.
A good – all topic – compilation of links for businesses
COVID-19 Business Toolkit from the MN Chamber of Commerce
Minnesota DEED COVID-19 Information Home Page
Health Resources, Safely Returning to Work, Business Stories, Critical Sector Worker Exemptions
coming assistance… The American Rescue Plan Act, signed into law on March 11, 2021, is $1.9 Trillion in Federal Aid. We are awaiting details for this new assistance and will post more information as it becomes available.
Completed assistance below
CARES Funding – $295,520 Grants were awarded by Big Stone County (Big Stone Area Growth processed & made the recommendations)
CARES Funding through the City of Ortonville: The total available to the City was $136,818 of which they used $105,399 of their funding to provide grants to businesses within Ortonville. (processed through the Ortonville EDA)
The 2021 Big Stone County Relief Program, through the State of Minnesota, provided an additional $250,000 in grants to local businesses that were affected by COVID.
Additionally, there were deferred loan payment offerings and zero percent loans provided throughout the County.