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 [...]
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 [...]
A $1.5 million federal grant will help the city of Ely take the next step in its trailhead and west end development project. The city was awarded the money earlier this week, and it will be used to build the Ely Regional Trailhead Facility and complete another part of the project’s second phase. [...]
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 [...]
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 [...]
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: https://www.goctc.com/ely/ and https://www.goctc.com/construction/ About CTC CTC offers state-of-the-art technology to homes and businesses in Minnesota. With our fiber optic network, CTC [...]
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 [...]