Restore North – Phase 1 Funding: Business & Organization Grants

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West Broadway Coalition is seeking to support businesses in the West Broadway Corridor by providing funds to alleviate burdens that were imposed by both the COVID-19 pandemic and the civil uprising in the Minneapolis Community. Additionally, these funds are eligible to be matching grants for the DEED Main Street Economic Revitalization Program.

Please review the Request For Proposal (RFP) Document for more details.

RSVP for our Info Session on Tuesday, May 24th at 9:30am

 

 

To qualify, please read the following specifications:

 

  • Must apply as a business, organization, or nonprofit organization;

  • Must be a registered LLC, business, or 501(c)3 as identified on the Minneapolis SOS website; 

  • Have a physical location that resides in the West Broadway Corridor; 

  • Have copies of receipts, late fees, overdue invoices, quotes, photos, or other substantial files that showcase the need for these funds; or/and

  • Have a plan to partake in “small business Saturdays”

 

Examples of activities that will be funded include:

  • “Small Business Saturdays”

  • Construction Costs

  • Small Businesses

  • General Operating Expenses

  • Other Related Business Amenity Expenses 

  • DEED Main Street Economic Revitalization Program Match

 

When applying, one must submit the following documents:

1)    Business EIN #

2)    Updated W9

3)    Current Property Value (estimated)

4)    Relevant Files (as stated above)

5)    Additional information as needed*

6)    Conflict of Interest Policy*

 

The average grant size will be roughly $25,000.00, however, this amount may vary based on the quality of the submitted application. The applications will be reviewed by a panel of carefully selected community members to score and critique the application. The overall process should conclude no later than June 3rd, 2022, and applicants will be notified of their award status by June 17th, 2022.

 

Description & Eligibility

Application Start Date: May 9th 2022
Application Deadline: June, 3rd 2022
Grant Size: Average Grant Size - $25,000