The City of Plymouth is offering $1 million in emergency assistance grants to small businesses in Plymouth that have suffered economic hardship due to the COVID-19 pandemic. The city will award grants up to $10,000. Applications will be accepted through noon Aug. 12.
The Plymouth Small Business Assistance Grant Program aims to increase the capacity of small businesses and promote the long-term vitality of the Plymouth business community.
Grants will assist local businesses in covering expenses such as:
- Rent
- Mortgage payments
- Utilities
- Current payroll obligations
- Accounts payable
- Costs associated with reopening, such as cleaning, sanitizing and personal protective equipment
Program Administration and Eligibility
To be eligible for City of Plymouth grants, businesses must be for-profit, have less than $1 million in gross annual revenue, employ 2-50 employees prior to March 1, 2020 and be locally operated with a physical address/location in Plymouth.
Funding for the Plymouth Small Business Assistance Grant Program is made possible by the federal Coronavirus Aid, Relief and Economic Security (CARES) Act. To maximize opportunity for Plymouth businesses to receive funding, the city has partnered with Hennepin County to administer CARES funds collectively through the county’s online application portal.
Plymouth businesses may also be eligible for small business relief grants from Hennepin County. Funds granted to businesses may not total more than $15,000.
Grant applicants should note that criteria, eligibility and requirements may differ between city and county grant programs.
For complete eligibility requirements and more information, visit plymouthmn.gov/businessresources.
