More funding available to helping ailing businesses
Another round of relief for small businesses affected by COVID-19 is being made available in Steele County.
County Administrator Scott Golberg said the county has created a grant program and allocated $715,000 to support for-profit, private businesses as well as nonprofit organizations impacted directly or indirectly by the pandemic. The Minnesota Legislature has made the funding available to counties in response to its passage of the Economic Relief package.
While no grant limit or specified award amount has been established for this program, applicants are required to provide justification on the grant amount they request, Golberg said. Grant awards will be sized based on need, number of eligible grant applications and other applicable review criteria determined by the county.
“Demonstrate your need and what your losses were,” Golberg said. “We want you to show us what impact you had,” he added.
Golberg said businesses who have previously received financial assistance from any level of government are eligible for this program.
The latest round of relief is different from the previous grant that was awarded last fall. In the initial round, the funds came as part of the federal CARES act. Steele County received $4.4 million with about $641,000 or 15% going directly to businesses and nonprofits. During the first round, Steele County helped 48 businesses and 29 nonprofit organizations, according to Golberg.
Applications and program guidelines are available at www.co.steele.mn.us. Applications will be accepted until 5 p.m. on Feb. 12. The grants will be awarded by March 15 with checks going out around April 1.
Golberg said the applications will be reviewed by a committee made up of Daniel McIntosh, county attorney; Cathy Piepho, county treasurer; Jim Abbe and Greg Krueger, county commissioners; and Golberg. The same group was also involved in the first round of relief.
Any questions may be directed to CRFAApplications@co.steele.mn.us or call 507-444-7400.