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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
