Faribault County has received grant funding from the State of Minnesota to disburse in the form of small business and non-profit grants. These funds will be used to provide emergency assistance to businesses, or non-profits who were adversely impacted by the COVID-19 pandemic or mandatory shutdowns. If awarded, your grant amount will be determined by the need documented in your application, up to an amount of $5,000.
IMPORTANT! REGARDING APPLICATION MATERIALS
- If you applied to Faribault County’s second CARES Act grant round, and did not receive funding, do not fill out this application. A separate form will be emailed to you on the date of the grant opening – January 25. If you did not include an email address on your application, please visit the EDA office on January 25 to fill out the form.
- If you applied to Faribault County’s second CARES Act grant round and received funding, you are ineligible for this grant round.
- All businesses that derive their income from passive investments, or rental income are ineligible.
- Home based businesses and child care businesses are eligible to receive the grant.
- The business or non-profit must have a physical location in Faribault County and have been in existence before March 15, 2020.
- Businesses are eligible to receive this grant if there are less than 50 employees, and they earn less than $5 million in annual revenue.
- Only one application per business or non-profit will be accepted.
- All awarded grants are subject to an audit to obtain receipts for which the grant money was used.
- All expenses must be incurred during the COVID-19 pandemic.
- If the applicant has been awarded funds from other grant programs, the applicant must not use the funds the applicant receives from this program for the same purpose.
- All applicants must sign a Tennessen Warning with their application.
- All applicants must provide a W-9 with their application.
- All applications will be verified to ensure there are no existing tax liens.
- The Faribault County EDA reserves the right to change its program policies and application at any time.
- The Faribault County EDA reserves the right to ask for additional information for any reason and to reject or modify any application or portions thereof that do not meet the guidelines or application process requirements. Incomplete applications will not be considered.
The grant application review process involves examination of the application including plans and specifications of the project by the Faribault County EDA, who will make the final decision on the grant awards.
- Applications will be accepted starting January 25 at 8:00am until February 5 at 5:00pm.
- All Applications and questions regarding the application should be e-mailed to FCcares@cedausa.com.
- Applications are time sensitive.