The Entrepreneur Fund – Your Trusted Small Business Resource Amidst a Global Pandemic

Without sugarcoating it, this year has been hard on the small business sector. In our region, communities depend on small businesses. And as the COVID-19 pandemic continues, so do the long-term economic impacts. The business community has weathered unimaginable challenges this year, but they've also seen some great wins. Below are some highlights. 405 New [...]

2020-10-07T12:59:49-05:00October 7th, 2020|Local & Regional News|

New COVID Relief Lending Option

The Arrowhead Regional Development Commission (ARDC) has been awarded $3.88 million in economic development aid from the federal Economic Development Administration (EDA). Businesses located within the ARDC service area (Aitkin, Carlton, Cook, Itasca, Koochiching, Lake, and St. Louis Counties) are eligible to apply for a low interest loan using these funds. The new program can [...]

2020-10-06T14:54:19-05:00October 6th, 2020|Local & Regional News|

Taconite Area Community Relief / EEDA Forgivable Loan Program

The City of Ely and their EDA have a history of successful, creative, economic development and job creation. Partnerships with the private sector, non-profits and other public entities have made Ely a community to both watch and emulate as the challenges across the Iron Range continue to present themselves to community leaders. The current challenge [...]

2020-09-01T16:20:13-05:00September 1st, 2020|Local & Regional News|

County Small Business COVID-19 Relief Grants Available Starting August 24th

St. Louis County Board of Commissioners approved $6 million in Small Business COVID-19 Relief Grants which will be distributed in two (2) phases to qualifying businesses adversely impacted by and responding to the COVID-19 pandemic. Phase 1: Small Business COVID-19 Relief Grants (Opens Aug 24th) Phase 1 grant assistance will focus on businesses and non-profits [...]

2020-09-03T13:22:06-05:00August 23rd, 2020|Local & Regional News|

Ely awarded up to $125,000 for business relief program

ELY – A new community relief financial program designed to help businesses here get back on their feet following a shutdown of commerce due to the coronavirus pandemic has tentatively been approved. The announcement was made Tuesday by the Ely Economic Development Authority. As much as $125,000 in grant money will be soon be coming [...]

2020-08-03T12:21:42-05:00July 31st, 2020|Local & Regional News|

The Taconite Area Community Relief Grant Program is now accepting applications through July 6, 2020

Cities, townships or tribal units of government located within the Iron Range Resources & Rehabilitation service area are eligible to apply for a grant that serves as a lending program to businesses within that community. EDAs, HRAs, joint powers boards and community nonprofits are eligible to apply as a community’s fiscal agent. Grant applications will [...]

2020-06-29T10:04:43-05:00June 26th, 2020|Local & Regional News|

$7 million in COVID-19 relief funding available to businesses and communities in northeastern Minnesota

Eveleth, MN: Iron Range Resources & Rehabilitation made $7 million in loan and grant funding available to area businesses and communities that have been negatively impacted by the COVID-19 pandemic. The agency’s board voted unanimously at its June 10 meeting to approve the two new programs as part of the FY21 budget. Taconite Area Business [...]

2020-06-23T16:09:34-05:00June 11th, 2020|Local & Regional News|

Outdoor dining beginning June 1: Answers to commonly asked questions

On June 1, Minnesota moves into Phase 2 of the #StaySafeMN Plan, which includes the option for restaurants and bars to re-open for outdoor dining. We know that there are many questions from businesses and customers about how that process will work. Please see below the answers to questions we’ve been hearing about Executive Order [...]

2020-05-28T16:01:54-05:00May 28th, 2020|Local & Regional News|

Small Business Relief Fund Announces Second Round of Funding

Duluth, Minnesota – {Friday, May 8, 2020}: The Entrepreneur Fund, Northland Foundation, and The Northspan Group, Inc. are pleased to announce they will be accepting grant applications for a second round of funding from the Small Business Relief Fund. Thanks to generous support from the Department of Iron “We thank IRRR for its support and [...]

2020-05-08T13:39:06-05:00May 8th, 2020|Local & Regional News|

Town Hall meeting using Zoom – Opening Up Ely, Part 1

On Thursday April 30 at 1 p.m., the Ely Chamber of Commerce is hosting a Town Hall meeting using Zoom – Opening Up Ely, Part 1. The Chamber will have speakers from Hospitality Minnesota, the Northeast Minnesota Small Business Development Center, and Ely-Bloomenson Community Hospital. This Town Hall meeting will feature information on reopening businesses, [...]

2020-05-28T15:59:07-05:00April 28th, 2020|Community Events & Workshops, Local & Regional News|