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Posted on: June 2, 2020

Business Assistance Grants Available

Business Assistance Grant Applications

COVID-19 Nonprofit Grant Assistance Program
Click here for the application

The program was created to assist non-profits in their intent to offer residents the ability to attain, restore or preserve their highest potential of functional abilities, independence, and quality of life. This program is designed to assist non-profits lessen the financial burden of operational costs. This grant program will allocate $50,000 in public funding to offset the loss of income related to revenue and other economic impacts for nonprofits aiding in the assistance of services directly related to COVID-19. Each non-profit is eligible for up to $5,000.

To qualify, nonprofits must be located in the geographic boundary of St. Cloud or serve 51% of St. Cloud population, services must benefit residents of St. Cloud, must be a community need directly impacted by the spread of COVID-19, and produce realistic outcomes. Other criteria may apply. For more information, visit the city’s website here.

COVID-19 Small Business Grant Program
Click here for the application

This program was created to assist business owners seeking to offset operational costs due to the financial impact associated with COVID-19. The City of St. Cloud would like to help promote business continuity and longevity by offering financial assistance in working capital including but not limited to payroll, rent, supplies, equipment, transit/delivery, etc. This grant program will allocate $200,000 in public funding with each business eligible for up to $10,000 in assistance.

To qualify, businesses must be located in the geographic boundary of St. Cloud with no outstanding debts to the city. Businesses will be prioritized by industry including, restaurants, bars, nightclubs, gyms, theaters, banquet halls, hair/nail/spa salons and tattoo parlors. . For more information, visit the city’s website here.

ABOUT THE COVID-19 ECONOMIC RECOVERY AND STIMULUS PLAN

On May 14, 2020, the St. Cloud City Council approved a suite of new programs designed to provide economic support to any of the more than 1,300 local businesses facing financial hardship due to the outbreak of the Novel Coronavirus 2019 Disease or COVID-19.

The City’s focus is on local businesses that have been hit hardest by COVID-19: local small businesses, mid-size businesses that have had to close or drastically reconfigure operations, and new businesses that were just getting on their feet before the crisis hit. The package of initiatives includes grant programs for small businesses and nonprofits, fee waivers for city services, and a variety of resources providing technical support and marketplace information.

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