Small Business Administration to host webinar on assistance for businesses impacted by lack of snow

This Friday, March 15, Small Business Administration (SBA) officials will host a webinar for small business owners interested in applying for Economic Injury Disaster Loans (EIDL) in response to winter’s lack of precipitation. Last week, Governor Walz urged Minnesota businesses hurt by this winter’s historic weather to apply for SBA loans, available because of [...]

City of Ely Commercial Development Corridor Program (forgivable loan)

The EEDA Development Corridor Program (DCP) provides a loan and forgivable loan/grant for up to a $75,000 project to qualified and approved applicants to be used for substantial physical improvements to Ely businesses to expand employment and increase tax base. These improvements must provide for the expansion of an existing or new business to provide [...]

2023-11-02T16:12:30-05:00October 30th, 2023|Commercial, Grants, Local & Regional News|

Downtown Building Rehabilitation

The Downtown Building Rehabilitation Program (DBR) is designed to help aid in financing code-compliant construction and remodeling projects on main streets in downtowns. The DBR Program will support and provide 1/3 of the project cost up to $50,000 in eligible expenses. Up to 10% of awarded grant funding may be utilized for professional services [...]

2023-11-02T16:12:51-05:00May 27th, 2022|Commercial, Grants, Local & Regional News|

Business Energy Retrofit Program (BER)

Does your business need energy-efficient repairs or upgrades? Would you like to save $$$ on utility bills? Is your business within the Taconite Assistance Area (TAA)? The Business Energy Retrofit may be right for you! The Business Energy Retrofit Program (BER) is designed to aid in financing the energy retrofit project. The BER program will [...]

2023-11-02T16:12:59-05:00May 27th, 2022|Commercial, Grants, Local & Regional News|

Say “Hello” to high-speed!

CTC is installing a state-of-the-art fiber-optic network in Ely! At this time CTC is actively selling business services in Downtown Ely. If you are interested, please contact Lauren at 218-454-1237. For more details, visit: and About CTC CTC offers state-of-the-art technology to homes and businesses in Minnesota. With our fiber optic network, CTC [...]

2023-11-02T16:13:36-05:00March 25th, 2021|Commercial, Local & Regional News|

St. Louis County finalizing details for next phase of COVID relief grants for small businesses

St. Louis County is preparing to launch a third round of COVID relief assistance for small businesses and eligible non-profits hurt by the pandemic. The application period is expected to begin in mid-January for Phase 3 of St. Louis County Small Business Relief Grants. This latest round of grants will use funds provided by the [...]

2023-11-02T16:13:50-05:00December 31st, 2020|Commercial, Grants, Local & Regional News|
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