City of Marshall EDA Offers CARES Grant to Local Businesses and Non-Profits
$500,000 in relief grants will be given out to local businesses and non-profits who were negatively impacted by the COVID-19 pandemic.
MARSHALL JULY 29, 2020- The Marshall Economic Development Authority announced Wednesday that $500,000 of the City of Marshall’s CARES Act funding will be used for business relief grants. The Marshall CARES Grant Program will provide grants up to $5,000 to eligible small businesses located in Marshall with 15 or less employees, prior to the pandemic. The grants can be used for business interruption expenses including but not limited to payroll, rent, and utilities.
Grant dollars have also been made available to eligible non-profits, providing grants up to $2,500.
“We know that small businesses in our community have been impacted by the COVID-19 pandemic,” EDA Director Lauren Deutz said. “Our hope is that these grants can provide some relief and support as businesses restart.”
Eligible businesses must be registered with the Minnesota Secretary of State, current on local taxes, and be able to demonstrate a negative impact by businesses interruptions since the pandemic began in March.
Mayor Bob Byrnes added, “These grants will deliver a much-needed boost to Marshall businesses and provide funds to help stabilize operations during this challenging time”.
The grants will be awarded through a lottery system with priority given to businesses who were temporarily shut down due to Gov. Walz’s Executive Orders. Funds will be distributed as a reimbursement check for total eligible expenses.
Applications are available on the City of Marshall Website. Completed applications can be emailed to firstname.lastname@example.org or dropped off at 118 West College Drive. All Marshall small businesses and non-profits are encouraged to apply and application assistance is available through the Economic Development office.