Roseville Small Business Relief Fund

The Roseville EDA is providing emergency assistance to small local businesses adversely impacted by the COVID-19 pandemic. The Business Relief Fund will provide grants of up to $10,000 to businesses most in need of support.

Funds will help businesses pay for critical expenses such as rent or mortgage payments, utilities, payments to suppliers and costs associated with reopening. Providing this support will increase the capacity of small businesses with a physical location in Roseville to survive the current crisis.

We understand there is a cost to reopening your business safely. This grant will help ensure that your business can afford to operate while maintaining the social distancing guidelines for the safety of your employees and customers.

The Relief Fund will be administered by the Metropolitan Consortium of Community Developers’ Open to Business program, which provides technical assistance and access to capital for businesses in Roseville. 

Terms

  • Up to a $10,000 grant based on economic injury from COVID-19 and eligible expenses.

  • Funds may be used for operating expenses, including rent payments, mortgage payments, utilities, payments to suppliers, production of business contingency plans, technical assistance/reopening services, technology capital or marketing assistance/tools, security or other critical non-payroll business expenses (including expenses related to reopening) as approved by the fund administrator.
     

Eligible Businesses

  • Businesses ordered to close by Governor’s executive orders
  • Businesses that can demonstrate revenue loss due to COVID-19 – including home-based businesses, self-employed, and independent contractors
  • Businesses needing assistance to fund operating costs, including retention of employees due to loss of revenue
  • Businesses needing assistance to purchase and/or be reimbursed for COVID-19 safety materials/supplies, equipment, and professional service costs associated with the drafting of COVID-19 preparedness plans
  • Businesses that do not have a physical location, but the owner/operator resides in the City of Roseville

Ineligible Businesses

  • Businesses with annual gross revenues greater than $1 million
  • Chain retail – unless a local franchisee can demonstrate no other COVID-19 business assistance funding was received
  • Essential businesses not ordered to close and who can’t demonstrate revenue loss
  • Businesses that derive income from passive investments without operational ties to operational businesses
  • Businesses engaged in sexually explicit goods/services
  • Businesses that engage in gambling enterprises
  • Businesses engaged in activities prohibited by law
  • Businesses that earn revenue from pyramid schemes, lending services and/or day trading/short term investments

Program Administration

noah her

Noah Her

Business Advisor

Metropolitan Consortium of Community Developers
Phone: 612-843-3262
RCCOVIDRelief@mccdmn.org
https://www.mccdmn.org/open-to-business