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2020-08-12 Report
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2020-08-12 Report
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Anoka County Business Relief Grant Program <br />The Anoka County Board has adopted a Business Relief Grant Program. Further details <br />will be announced on 7/31. A draft of the grant parameters includes: <br /> <br />Grant Amount: <br />Grants will not exceed $10,000 to cover eligible expenses incurred as a result of the COVID <br />pandemic after March 1, 2020 (see examples of eligible use of grant funds below). Recipient <br />must submit a list of COVID related expenditures during the application review process. <br />The total amount of CAREs Act funds allocated towards the Anoka County business relief <br />grant program will be equitably distributed among each of the seven county districts based <br />upon economic hardship and need. <br /> <br />Eligibility Criteria: <br /> Applicant must be locally owned, operated and domiciled in the State of Minnesota <br />with a physical establishment in Anoka County. If there is a parent company or a <br />second location outside of Anoka County, only the entity located in Anoka County <br />will be eligible. <br /> Applicant must be able to demonstrate financial hardship as a result of the COVID-19 <br />outbreak. <br /> Applicant must be in good standing with the Minnesota Secretary of State and the <br />Minnesota Department of Revenue as of January 1, 2020. If there is an issue pending <br />with the Minnesota Secretary of State, Applicant may still apply for the grant, but will <br />need to demonstrate the issue has been satisfactorily resolved in order to be eligible <br />and receive grant funds. <br /> If required, Applicant must be licensed, in good standing. <br /> Applicant must be current on property taxes. <br /> Applicant must employ 50 or less employees as of January 1, 2020. <br /> Applicant must have been in operation 12 months prior to application. <br />o Anoka County will not disqualify an applicant if there was an ownership <br />change and the business remained in operation within 12 months prior to <br />application. <br /> Applicant must disclose all federal, state or local grant or loan applications for which <br />applicant has applied which has been received or remains pending at the time of <br />application. <br /> Applicant must Certify in good faith that th <br /> <br />Ineligible Businesses/Restrictions <br /> Applicants who have previously received federal, state or local grants for the same <br />expenses. <br /> If an applicant receives any funding from a local city and the County, Applicant may <br />only accept one of the grants. <br /> Multi-state chains are generally ineligible except for locally owned franchisees. <br /> Nonprofit organizations. <br /> Businesses that primarily derive income from gambling or adult entertainment. <br /> <br />
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