The Becker County Board of Commissioners has created a $1 million grant program to aid Becker County businesses impacted by the COVID-19 stay-at-home order for Minnesotans. These businesses may qualify for a grant to help with their recovery efforts.
According to a press release from the county, the state legislature has stated that it would like counties to dedicate 10% of their funds to business recovery efforts. Becker County has more than doubled this by dedicating over 23% of its total funds to help businesses, with a pledge to consider additional funding if needed.
Businesses with 25 or fewer full-time employees who have a physical establishment in Becker County and meet certain criteria could receive grant money in the amount of their net losses due to COVID-19 from March 1 through May 30, 2020. These funds would be used for critical expenses such as payroll obligations, rent or mortgage payments, utilities, accounts payable, or other critical COVID-19 business expenses from March 1 through Nov. 30, 2020.
Depending on the demand for this program, the commission will consider adding additional funds once the first round of grants is complete. Applications are being accepted online through Sunday, Aug. 23 at 11:59 p.m. Complete guidelines, eligibility requirements, and application information can be accessed through the county website at www.co.becker.mn.us.