Resiliency Grants for Businesses

Resiliency Grants for Businesses

Marshall EDA Launches New Resiliency Grant for Businesses Affected by EO 20-99

MARSHALL-The Marshall EDA announces the release of a new grant program designed to assist businesses directly impacted by Executive Order 20-99 issued in November. The Marshall Resiliency Grant will provide grants up to $2,000 to restaurants, fitness centers, and entertainment venues listed in the E.O., to assist with operating expenses including, but not limited to, payroll, utilities, and rent.

“We empathize with our local businesses who were forced to adjust their operations again, especially those that were forced to shut down completely,” EDA Director Lauren Deutz said. “We know that their survival is crucial to our economy, so we want to alleviate whatever hardships we can.”

On Tuesday, December 8th, Marshall City Council allocated $100,000 to the grant program as a show of support to local businesses. The grant will be available to businesses directly listed in E.O. 20-99 including full-service restaurants that are now closed for dine-in service, fitness centers, and entertainment venues. Applicants need to have a commercial property, leased or owned, in Marshall, be current on property taxes, and in good standing with the Minnesota Secretary of State.

Additional grant requirements and information, including applications are available at: https://ci.marshall.mn.us/economic_development/business_resources/financial_incentives/marshall_resliency_grant_program.php

Applications will be accepted through Monday, December 28th at 4:30 pm. Contact Lauren Deutz at lauren.deutz@ci.marshall.mn.us for more information.