Minnesota Main Street COVID Relief Grants
Announced on Sept. 2, 2021: The Minnesota Department of Employment and Economic Development (DEED) will begin accepting applications for the Main Street COVID Relief Grants Program on September 20, 2021. Applications will close on September 29 at 11:59. Interested applicants are encouraged to attend one of the upcoming informational sessions and visit the DEED’s Main Street COVID Relief Grants Program page for eligibility requirements and application information. Note that 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.
SBA COVID-19 Relief Options
Learn about relief options from the SBA including current programs, FAQs, and cross-program eligibility here
IRS COVID-19 Tax Relief Options
Find information and resources about IRS COVID-19 tax relief options and economic impact payments here
Restaurant Revitalization Fund
The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. Click here for application details and to see if you're eligible.
Shuttered Venue Operators Grant
The Shuttered Venue Operators Grant (SVOG) program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue Plan Act. The program includes over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance. Eligible applicants may qualify for grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees. Click here for application details and to see if you're eligible.
Supplemental Targeted Advance
The U.S. Small Business Administration launched a new round of Economic Injury Disaster Loan (EIDL) assistance – called Supplemental Targeted Advances – on April 22, 2021 that will provide $5 billion in additional assistance to 1 million small businesses and nonprofit organizations that have been most severely affected by the economic effects of the COVID-19 pandemic. The Supplemental Targeted Advance program is the latest SBA relief program to launch as part of the American Rescue Plan Act on March 11, 2021. Click here for more details.
Employee Retention Tax Credit
Families First Coronavirus Response Act Tax Credit for Employers
The Families First Coronavirus Response Act (the "FFCRA"), as amended by the COVID-related Tax Relief Act of 2020, provides small and midsize employers refundable tax credits that reimburse them, dollar-for-dollar, for the cost of providing paid sick and family leave wages to their employees for leave related to COVID-19. Click here for information and basic FAQs on FFCRA
1099 Tax Forms