Applications for the RRF opens on Monday, May 3 at 11AM CST, with a 21-day priority window for small businesses owned by women, veterans, or socially and economically disadvantaged individuals. The SBA will accept applications from all eligible applicants, but only process and fund the priority group applications until day 21 of the process. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location.
Eligible businesses include:
HOW TO APPLY
In preparation, qualifying applicants should familiarize themselves with the application process in advance to ensure a smooth and efficient application. Follow the steps below.
For more information, visit the SBA website.
The Fund for Safe Communities was established in 2018 by the Minneapolis Foundation to support tangible, specific, and meaningful actions to address and prevent violence. This funding opportunity is designed to support gatherings and activities to address community trauma and promote wellness among Minneapolis youth and adults.
Funding will be awarded to 501(c)(3) nonprofits, schools, and religious organizations that support youth, adults, and families in Minneapolis neighborhoods. The Foundation plans to award a total of up to $250,000, with grants ranging from $2,500 to $5,000 and an average award of approximately $3,000. Learn more and apply here.
The City of Minneapolis has awarded about $1 million to seven community organizations to provide positive outreach and support services during and after the trials of the former officers involved in the killing of George Floyd. These community organizations will provide positive outreach and community engagement; support two-way communication between communities and the City; de-escalate, mediate and resolve conflicts if needed; and share information about existing City and community supports and help community members access them. Contracts will run through Dec. 31, 2021.
The seven organizations are:
• A Mother’s Love
• Center for Multicultural Mediation
• Native American Community Development Institute (NACDI)
• Corcoran Neighborhood Organization and T.O.U.C.H. Outreach
• Change Equals Opportunity (C.E.O.)
• Restoration Inc
• We Push for Peace.
The organizations will work in specific areas of the City covering north, south and downtown. Eligible organizations included nonprofit or community-based organizations, neighborhood organizations, cultural organizations, places of worship or faith organizations, and individuals. Visit the City website for more information about the City of Minneapolis Office of Violence Prevention and its other programs. https://www2.minneapolismn.gov/government/departments/health/office-violence-prevention
1. Get the program details.Get the program details such as eligibility, funding amount, allowable use of funds and more. If you haven’t already, sign up for RRF email updates. All info about RRF
2. How to prepare.Currently, SBA is not accepting applications for RRF. However, you can prepare your application by reviewing the sample application, program guide and cross-program eligibility chart on SBA COVID-19 relief options. You will be able to apply through SBA-recognized Point of Sale Restaurant Partners or directly via SBA in a forthcoming online application portal. Registration with SAM.gov is not required. DUNS or CAGE identifiers are also not required. Prepare now
3. When to apply.The official application launch date will be announced shortly. Ahead of the application launch and over the next two weeks, the SBA will establish a seven-day pilot period for the RRF application portal and conduct extensive outreach and training on how to apply, application requirements and where to apply. Participants in this pilot will be randomly selected from existing PPP borrowers in priority groups for RRF and will not receive funds until the application portal is open to the public.
Following the pilot, the application portal will be opened to the public. For the first 21 days that the program is open, the SBA will prioritize reviewing applications from small businesses owned by women, veterans, and socially and economically disadvantaged individuals. Following the 21-day period, all eligible applicants are encouraged to submit applications. Learn more
Thanks to the City of Minneapolis as well as donations from Target and our partners at the Longfellow Community Council, we have extra supplies of disposable masks and hand sanitizer. If your business is in need of either, please reach out to Kim to have some dropped off!
The City has moved Operation Safety Net into Phase 3. They were not expecting this phase to begin until the beginning of jury deliberation in the next week or so, but the tragic killing of Daunte Wright earlier this week accelerated the decision to move into this phase. Below you'll find information and resources about what you need to know heading into this uncertain time.
Law Enforcement Presence
You will see the deployment of almost 3,000 additional law enforcement personnel of either National Guard and mutual aid officers throughout the city with at least 500 troops out now. MPD has stated that National Guard will always be accompanied by local law enforcement.
The Minneapolis Police Department has significantly increased their number of 911 responders and expects to be able to respond to emergencies quickly. They are encouraging businesses to call if the need arises.
Preparing Your Business
Many businesses are looking for guidance about preparing for the coming days and weeks. A few key tips are below and more detailed information is available here.
Report Damages & Losses
The City of Minneapolis is asking for businesses to report any damages and losses to the City to understand the severity of the damages. Information will be used to assess if the City can find additional resources. Complete the form:
Communication and Information Sharing
There are many avenues for getting up to date information during the trial from both the City and your fellow business owners:
Starting the week of April 6, 2021, the U.S. Small Business Administration is raising the loan limit for the COVID-19 Economic Injury Disaster Loan (EIDL) program. Applicants can now receive a maximum loan amount of $500,000. The lending limit increased from 6-months of economic injury with a maximum loan amount of $150,000 to up to 24-months of economic injury with a maximum loan amount of $500,000.
The Paycheck Protection Program has been extended an additional two months to May 31, 2021, with an additional 30-day period for the SBA to process applications that are still pending. The Paycheck Protection Program (PPP) is a loan designed to provide direct incentive for small businesses to keep their workers on payroll. Additionally, borrowers may be eligible for PPP loan forgiveness. Find more information on the Paycheck Protection Program at www.sba.gov/ppp and www.sba.gov/ppp-espanol
Amidst the pandemic and unrest, Ekta's mother also passed away. She describes the last year saying, "We are living in a time and moment that cannot be erased from our memories. There was no time to grieve in the wake of the COVID-19 pandemic, the social unrest and murder of George Floyd. As a leader of a non-profit, I never got a chance to stop, reflect back, or revive myself. But, my grief became my power, and my power become my passion and this became my dream for my staff, team and everyone who was impacted."
Though things may feel chaotic, Ekta and her team at CAPI hope to offer hope and stability to their clients and those hit hardest by the consequences of COVID-19. Learn more about CAPI and opportunities to support their mission.