Minnesota Small Business Relief Grant Application

Jun 24, 2020Business, Covid-19

The Minnesota Legislature passed the Small Business Relief Grants Program. The program approved approximately $62 million for grants to Minnesota small businesses that have been impacted by the pandemic. 


The Minnesota Small Business Relief Grant Application went live yesterday, June 23, 2020. Businesses may apply for the $10,000 grant if the following are met:

  • Minnesota company with Minnesota owners.
  • Total business revenue between March 1, 2020 and May 31, 2020, declined by 10 percent or more as a result of COVID-19, compared to the same period in 2019.
  • Less than 50 employees.

The grant is based on a lottery system, and businesses do not need to attach any documents to apply. However, if you receive the grant, documentation will be required.

The application must be completed online and is available on the MN Employment and Economic Development Website.

Applications will be accepted until 5:00 pm on Thursday, July 2, 2020. Following the deadline, the state will conduct a lottery to determine which applicants will receive funds.

Additional information needed to apply:

  • Revenue between March 1, 2019 and May 31, 2019
  • Revenue between March 1, 2020 and May 31, 2020
  • Number of full-time employees and the number of part-time employees

Questions about the relief grant application?

Smith Schafer can help you leverage opportunities and make the best decisions for your company. For additional information and guidance, please contact us at [email protected].


Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.

Trending Posts

Subscribe to our Blog

Related Industry Posts

document Organization for Your 401k Plan Audit

document Organization for Your 401k Plan Audit

s discussed in part two of our 401k blog series, one of the purposes of a retirement plan audit is to ensure the plan operates in compliance with both plan documents and IRS and DOL regulations. To do this, your auditor will request access to several documents. Some will be plan-specific documents, while others will be HR and related documents.

read more
2022 Business Valuation Considerations

2022 Business Valuation Considerations

More than two years after COVID-19 changed the world, business valuations are still challenging. At the midpoint of 2022, the idea that things have returned to ‘normal’ is certainly debatable. In many instances, historic valuation inputs, specifically past performance, cannot be taken as an indication of future performance.

read more
2022 IRS Backlogs & Taxpayer Service Updates

2022 IRS Backlogs & Taxpayer Service Updates

The IRS has been busy. In the past two years, the agency has processed trillions of dollars in pandemic relief funds, adjusted to often-changing tax deadlines, and dealt with several complex new tax laws. At the same time, funding was 20 percent lower than in 2010. Understaffed is the understatement of the century.

read more

Subscribe to our blog


We appreciate your interest in Smith Schafer and would love to hear from you.So please complete this form or feel free to email us directly at: [email protected]