City of Lakeville announces Small Business Emergency Grant (U.S.)
The City of Lakeville is seeking applications for the Small Business Emergency Grant Program to provide emergency assistance to small local businesses in Lakeville adversely impacted by the COVID-19 pandemic.
1000 new grants and donors
Providing this support will increase the capacity of small businesses with a physical location in Lakeville to survive the current crisis and will help prevent potential future blight scenarios. These grant funds can be used to ensure a business can afford to operate while maintaining the social distancing guidelines for the safety of its employees and customers.
Up to $10,000 grant based on economic injury from COVID-19 related eligible expenses.
Funds can be used for operating expenses, including rent payments, mortgage payments, payroll, utilities, payments to suppliers, or other critical business expenses (including expenses related to reopening and personal protective equipment) as approved by the fund administrator.
View and receiving grant information
Businesses must meet all of the following criteria as of March 1, 2020, to be eligible:
Employ the equivalent of 50 or fewer full-time workers
Be a private for-profit business that has a permanent physical location in Lakeville city boundaries
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 of Lakeville
Be able to demonstrate financial hardship as a result of the COVID-19 pandemic.
For more information, visit https://www.lakevillemn.gov/1009/Small-Business-Emergency-Grant-Program