03/27/2024
Business grants are now open through the Southern Minnesota Initiative Foundation 🚨 Apply for up to $50,000 for working capital to support your business in Lake City!
Review the program requirements and submit an application at: https://smifoundation.org/grants/for-grant-seekers/promise-act-grants/
⚠️New grant for businesses open now!
SMIF, in partnership with Minnesota Department of Employment and Economic Development, is pleased to announce $1.1 million in grants for small businesses in our region (nonprofits earning revenue in a similar fashion to a for profit business may also be eligible). What you need to know:
✨This is a competitive grant - not all eligible businesses will receive a grant.
✨Grants can range from $10,000 to $50,000.
✨Businesses must be located in SMIF's region.
✨Businesses must earn $750,000 or less in gross revenue (based on 2021 taxes).
✨Additional eligibility requirements and the application can be found on our website (link below).
✨Applications are due April 24, 2024.
https://smifoundation.org/grants/for-grant-seekers/promise-act-grants/