The Minneapolis Foundation, in partnership with LISC Twin Cities and Propel Nonprofits, is launching a new grant opportunity to support small business recovery and rebuilding in three of the Minneapolis business corridors worst hit by the combined impact of COVID-19 and the destruction following the murder of George Floyd.

These grants are made possible by funding from the Minnesota Department of Employment and Economic Development (DEED) through a 2021 Main Street Economic Revitalization Program award.

Starting in spring 2020, the Foundation will distribute $18 million in Main Street grants to businesses, property owners, developers, and nonprofits advancing renovation or new construction projects near or along these corridors: Lake Street, 38th Street/Chicago Avenue, and West Broadway.

Applicants may apply for a maximum of 30% of an eligible project’s cost, up to $750,000.

Fundable activities include:

• Repair or renovation of real property
• Building construction
• Landscaping and streetscaping
• Predesign and design
• Infrastructure
• Engineering
• Related site amenities

Find complete Main Street grant guidelines and apply here.