DEED Awards $6.2 Million in Main Street Economic Development Funding
February 27, 2025
The Minnesota Department of Employment and Economic Development (DEED) today announced nearly $6.2 million in grants to support local community and economic development on Minnesota's main streets.
Nine partner organizations will use their Main Street Economic Revitalization grants from DEED to offer assistance – 30% matching grants up to $750,000 – for businesses in the communities they serve.
"Main Street businesses are essential to local and regional economic growth. Through these grants, DEED is helping support economic revitalization that generates excitement among residents, community leaders and businesses around Minnesota," said DEED Commissioner Matt Varilek. "Assistance provided through previous grant rounds helped create or retain thousands of jobs and sparked investment in key commercial corridors across the state."