City of Arden Hills issued the following announcement on Sept. 30.
The City of Arden Hills has developed a Small Business Emergency Assistance Grant Program that will provide $150,000 in CARES Act Funds for local businesses adversely impacted by COVID-19. The application window has been extended through Tuesday, October 6 and the minimum number of employees has been reduced from three (3) to one (1). Complete applications will be considered and awarded on a first-come basis.
Funds may be used to help businesses continue their operations, preserve employment and prevent business closures in an effort to encourage long-term economic vitality in Arden Hills.
The program would provide locally-owned and operated businesses with an emergency grant of up to $5,000.
To be eligible to receive a grant, a business must demonstrate loss due to COVID-19 and meet the eligibility requirements and program parameters.
Interested business owners are asked to do the following:
- Complete and submit a Small Business Emergency Assistance Grant Application (PDF) via email, or by mail or drop off to: Arden Hills City Hall, 1245 W Highway 96, Arden Hills, MN, 55112.
- Provide proof of application submittal, acceptance, approval and/or denial of state and federal emergency financing programs.
- If awarded funds, the applicant would be required to sign an acknowledgment agreement under which the applicant agrees to spend the awarded funds on eligible uses.
- Submit a brief report documenting how the grant funds were utilized by November 30, 2020.
Original source can be found here.
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