Business & Tech
Dakota County Small Business Relief Grant Program
Grants of up to $10,000 will help businesses cover payroll, rent, mortgage payments, utility bills and other operational expenses.
July 30, 2020
Grants of up to $10,000 will help businesses cover payroll, rent, mortgage payments, utility bills and other operational expenses since March 1, 2020. The application deadline is 4:30 p.m. Friday, Aug. 14. Only one application needs to be submitted per business.
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To qualify, an applicant must:
• Employ the equivalent of 50 or fewer full-time workers.
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• Be a private for-profit business that has a permanent physical location in Dakota County, Minnesota.
• Be majority owned by a permanent resident of Minnesota.
• Be in good standing with the Minnesota Secretary of State and Minnesota Department of Revenue as of March 1, 2020.
• Be in good standing with Dakota County and the city where the business is located.
• Be able to demonstrate financial hardship as a result of the COVID-19 pandemic.
Additionally, the City of Rosemount will be launching its own Small Business Grant Program with the city’s allocation of federal CARES Act funds. More information will be made available in August.
Additional Info on the Dakota County Website
This press release was produced by the City of Rosemount. The views expressed here are the author’s own.