NEWS RELEASE
FOR IMMEDIATE RELEASE:
August 14, 2020
MEDIA CONTACT: Matthew Johnson
Director, Planning & Community Development Department
218-725-5008
Three more virtual info sessions scheduled for small businesses seeking CARES Act grants
Three additional information sessions will be held for small businesses interested in applying for an assistance grant from St. Louis County's Small Business Relief Fund. Two virtual information session will be offered next week on Monday, and one on Thursday. Specific dates and times are:
Monday, August 17, 10:30-11:30 a.m.
Monday, August 17, 6-7 p.m.
Thursday, August 20 , 11 a.m.- noon
Information presented at each session will be the same, so interested parties do not need to attend more than one. A link to join the Webex session to participate can be found at stlouiscountymn.gov/planning
The St. Louis County Board, as part of a plan to distribute the county's portion of CARES Act funding, approved $6 million in Small Business COVID Relief Grants. These grants will be distributed in two phases to qualifying businesses adversely impacted by and responding to the COVID-19 pandemic.
Phase I will begin August 24 and will focus on businesses and non-profits with 25 or fewer full-time employees. These businesses may apply for assistance equivalent to $1,000 per employee up to a maximum of $25,000, for COVID-related expenses incurred by the business such as to purchase PPE, cleaning supplies, signage and safety barriers.
Phase 2 will begin on September 7 and will provide emergency grant assistance of up to $50,000 to businesses and non-profits with 100 or fewer full time employees for COVID-related expenses.
The information session will be offered via WebEx, and will include an overview of the following:
- St. Louis County Small Business COVID Relief Grant Programs
- St. Louis County potential to administer local business COVID Funds.
All interested stakeholders are encouraged to participate. Approximately 45 people attended a similar session offered yesterday. Anyone with questions or comments on the program or process can email CARES@stlouiscountymn.gov.
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