The Blue Earth County Board of Commissioners recently approved allocating $2 million in economic support to organizations affected by COVID-19. This funding is from federal legislation: the CARES Act.
Small locally owned businesses adversely affected by COVID-19 may apply for a one time grant of up to $10,000 (per applicant) to cover expenses for up to three months through Blue Earth County’s Business Assistance Grant Program.
Continue reading “Grant Available for Blue Earth County Businesses”
Greater Mankato Growth, in cooperation with the Minnesota Department of Employment and Economic Development, has launched an inventory of available temporary employment opportunities.
Continue reading “Temporary Employment Opportunities”
The guest blog below is from Jessica Miller, a
Workforce Strategy Consultant with DEED for the South Central/Southwest region.
Are you a leisure and hospitality industry service provider whose job has been recently impacted by the COVID-19 pandemic? Our health care industry needs you!
Continue reading “Unemployed due to COVID19? Critical Industries need your Help.”
On Wednesday morning, March 25th, the Small Business Development Center at Minnesota State University, Mankato and Greater Mankato Growth reviewed the primary available resources for businesses to date.
The recorded video highlights the:
SBA Disaster Loan, the
Shared Worker program, and the
MN DEED Small Business Emergency Loan
These 3 primary resources should be explored by businesses impacted by COVID 19. Below is a link the video:
As an update to an earlier post on the
Greater Mankato Blog on SBA Disaster Loan Funding, which details application considerations, late last night Minnesota businesses became eligible for the initial government tool for relief from the impact of COVID-19. Continue reading “Just Released: MN Businesses NOW Eligible for SBA Funding”
This morning, March 17th, the U.S. Small Business Administration held a webinar on the current status of SBA funding for businesses impacted by the COVID-19 virus.
The main funding tool is SBA Disaster Assistance loan for working capital to small businesses. The size of a business, by
SBA definition, is dependent on industry, revenue, and employees on payroll. A vast majority of Greater Mankato businesses would meet the criteria, as well as non-profits. Continue reading “Status: SBA loans for Businesses Impacted by COVID-19”
Greater Mankato Growth in coordination with the Regional Economic Development parnters (Eagle Lake, Lake Crystal, Mankato, North Mankato, St. Peter, and Blue Earth and Nicollet Counties), is monitoring updates to legislation (State and Federal) which would provide resources for businesses as they deal with the impacts of COVID-19.
To assist Greater Mankato Growth, we are asking area businesses to complete the following survey (4 minute length) so we can continue to provide useful information to our partners and businesses:
Continue reading “Business Resources for COVID-19”