DEED Announces Recipients of $61.51 Million in Small Business Relief Grants
March 5, 2021
St. Paul – The Minnesota Department of Employment and Economic Development (DEED) announced the 6,151 small businesses that received $10,000 grants last year through the Small Business Relief Grants program.
This program – created last June by the state legislature – was available to Minnesotan owned and operated businesses that could demonstrate financial hardship as a result of the COVID-19 outbreak. DEED partnered with the Minnesota Lottery to ensure fairness in the distribution of funds.
A total of $61.51 million was awarded – with businesses selected through a randomized lottery process after the application period closed last July. Those chosen were screened to ensure they met eligibility requirements.