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Yes. Businesses must have had at least one (1) full-time employee and/or one (1) part-time employee (including the owner) prior to March 1, 2020 in order to be eligible for the City of Blaine small business grant program.
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The U.S. Department of Treasury, as authorized under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, established a $150 billion relief fund to aid states, local, and tribal governments with populations over 500,000 people in their efforts to respond to the nationwide public health emergency caused by the coronavirus pandemic and COVID-19 outbreak. Funding has been allocated from Treasury to the State of Minnesota, and, in turn, the City of Blaine as pass-through funds. Based on eligibility, small businesses physically located within the City of Blaine are eligible to apply for funding.
In order to apply, businesses must meet the following criteria:
Ineligible businesses include:
Businesses must have had at least one (1) full-time employee and/or one (1) part-time employee (including the owner) prior to March 1, 2020 in order to be eligible for the City of Blaine small business grant program. For the purpose of this grant program, the business must have less than 50 full time equivalent (FTE) employees.
Businesses must have a physical location in the City of Blaine. The City of Blaine will use legal documents to verify addresses of businesses that apply for this grant.
Businesses that employ less than 50 full-time equivalent employees, including the owner, are eligible to apply. Nonprofit organizations may employ more than 50 FTEs.
Daycare (“childcare”) and home-based daycare providers are eligible for funding under this grant program.
Nonprofit organizations, including all 501(c) entities: ex. 501(c)(3) – 501(c)(29), are eligible for funding under this grant program.
Number of full-time equivalent employees is determined by the total number of permanent full-time employees plus total number of full-time equivalents (FTE) as of March 1, 2020. Employees are defined as any compensated staff (not an independent contractor). To simplify your calculation of FTE for this grant program, please use the guidelines below. The city understands that calculating FTE can be difficult and are asking applicants to make their best approximation of FTE based on the guidelines below.
You are eligible to apply for this grant if the location(s) of your businesses located within the City of Blaine employ less than 50 full-time equivalent employees, including the owner.
Blaine’s small business grant program provides funding to assist small businesses facing financial hardship and/or business interruption due to the COVID-19 pandemic with financial assistance for necessary expenditures. Eligible expenses include:
Grants will not exceed $10,000 to cover eligible expenses incurred due to the COVID-19 pandemic after March 1, 2020.
Ineligible expenses include the following:
Yes. Please see IRS guidance. The City of Blaine will be responsible for issuing a 1099 for tax reporting purposes.
Applications will be ranked according to how well applicants address the program criteria as noted in the RFP. Awards will be made to applicants that submit a complete application and meet the minimum program criteria. Please note that not all applicants will be funded.The City of Blaine intends to review and approve awards for several weeks after the application period closes. Award notifications will be made on or around October 14, 2020.