Small Business/Nonprofit Damage & Property Loss Grant Applications Now Available to Organizations
Affected by the Unrest Following the Tragic Death of George Floyd
The COVID-19 pandemic created an emerging economic crisis unlike any we have faced in recent memory. The tragic death of George Floyd and the unrest that followed further devastated many East Metro small businesses that are now struggling as well as trying to repair, rebuild, re-open, or remain open. The We Love Saint Paul and We Love Midway funds were set up in partnership between the Saint Paul Area Chamber of Commerce, the Midway Chamber of Commerce, and the Saint Paul Downtown Alliance in order to provide direct support, through emergency relief funds, to small businesses and nonprofits impacted by the unrest that followed Mr. Floyd’s death.
Apply by filling out the application found at: https://forms.gle/VMdK5wFQpVyiizSU8. We will award grants on a rolling basis until the funds are exhausted.
- To qualify, an organization must:
- Be a small business or a nonprofit organization.
- Operate out of a physical establishment located in one of the following areas:
The Midway and within the service area of the Union Park and Hamline Midway district councils.
In the City of Saint Paul.
- Have operated and conducted business at the same location within the City of Saint Paul for at least three months.
- Must demonstrate physical damage and/or property loss from unrest after May 25, 2020. Damage includes, but is not limited to: broken windows, doors, fire, or other damage to the structure of the commercial property) and/or loss of business property (i.e. theft or destruction of cash, inventory, equipment, or furnishings.
- Commitment to attempt to keep the business or nonprofit organization in the City of Saint Paul for at least one year from May 25, 2020.
Funds can be used to help businesses and nonprofit organizations pay for critical expenses related to reopening or sustaining a damaged business or nonprofit. Eligible expenses can include repairs of building damage, purchase of inventory to replace damaged or stolen goods or equipment, payments of rent, mortgage, utilities or insurance deductibles, cleaning or demolition services, costs related to temporary relocation if a building is no longer usable, staff costs associated with reopening such as payroll, accounts payable, or other immediate business expenses and/or other costs associated with repairing, rebuilding, or reopening. Costs not covered by insurance should be prioritized.
- Applications for the first round can be submitted from June 22nd through July 3.
- Recipients from the first round should be notified by July 3 or after with funds released soon after.
- Applications will be accepted indefinitely and looked at on a weekly basis thereafter.
Selection of Grants
If applications exceed funding available, applicants will be selected via random selection with the three priorities taken into account:
- Severity of emergency need.
- Priority for the first-round will be to recipients from communities of color and/or areas with
barriers to access other small business resources.
- Ability to make immediate or near-term impact to get businesses open again.
- Each recipient chosen will receive between $1,000 to $25,000 grant depending on how many applications are
- Subsequent rounds may have different selection criteria and amounts given out.
- If selected, after business is verified, recipients must provide the following: 1) a W-9 tax document, 2) pictures of damage, and 3) a signed grant agreement in which the recipients must agree to provide a brief email report within six months of the grant to detail what they spent the grant on. After those three items are submitted, the check will be cut and mailed.