We co-hosted Lunch & Learn with the Park Rapids Lakes Area Chamber on Tuesday, October 17, 2023. Dave Skovholt from the Minnesota Department of Labor and Industry presented on the new Earned Sick and Safe Time laws that will be effective January 1, 2024. Please see the attached document for information regarding the new laws.
Heartland Lakes Development Commission has been awarded funding from Northwest Minnesota Foundation to provide grants to eligible individuals to create additional childcare capacity in Hubbard County.
The funds are available for scholarships toward the educational requirements to become a childcare provider or for startup funding for a new childcare business to purchase supplies and/or equipment to open.
Individuals may apply for one or both of the funding opportunities. The funding will be made available on a first come, first served basis until the funds have been exhausted.
Additional program information and applications are available on the Heartland Lakes Development Commission website www.heartlandlakesdevelopment.org or by calling 218-732-2256.
Also check out our Main Street Economic Revitalization Program to fund economic development and redevelopment projects. Applications are available on the Heartland Lakes Development Commission website www.heartlandlakesdevelopment.org or by calling 218-732-2256. Contact Mary Thompson for additional program information at firstname.lastname@example.org or 218-699-7010
In this 1.5 hour interactive workshop, participants will learn and practice the processes and techniques to define and refine an idea’s core problem, solution, customer, and the potential opportunities surrounding that idea.
Most good ideas do not come fully formed. Even the best ideas need to be iterated, explored, and refined before they have a chance at becoming great business ideas. There is a process that can be taught and practiced to sharpen an idea–taking it from good, to better, and then to great.
This workshop will expand your innovation skills, and teach you innovation methods, formalizing your ideas through an immersive and interactive class experience.
Heartland Lakes Development Commission partners with ILT Academy in delivering this workshop for students, professionals and anyone wanting to learn and expand their skills.
· Learn to assess/ refine and articulate an idea
· Learn/practice collaboration and innovation processes
· Interact with others to help refine ideas
· Be able to explain their idea in a problem/solution format
· Create an initial 1-page Problem/Solution/Customer/ Unique Value document to support next the steps in your startup adventure
St. Paul – Today, the Department of Employment and Economic Development (DEED) announced grantee partners for the second round of the Main Street Economic Revitalization Program. This $80 million statewide economic redevelopment program, distributed through two rounds of funding, awards grants to partner organizations to establish programs within specific communities that will, in turn, fund economic development and redevelopment projects. The second round of grants awards over $40 million to organizations across Minnesota.
“I’m thrilled by the range of creative and dynamic development proposals we got from main streets across the state,” said DEED Commissioner Steve Grove. “These investments will help re-build business clusters hit hardest by the challenges of the last few years – and they’ll create jobs and spark economic revitalization throughout Minnesota.”
This program provides grants to nonprofit partner organizations – to fund 30% matching grants up to $750,000, and guaranteed loans up to $2,000,000 to eligible recipients for eligible projects – that are designed to address the greatest economic development and redevelopment needs that have arisen in communities across Minnesota since March 15, 2020. That includes hardship suffered due to the pandemic, civil unrest, and other challenges for commercial corridors since that date.
The following 14 organizations have been selected as partner organizations through the second round of Main Street Economic Revitalization awards. These groups will implement Main Street Revitalization efforts in their regions:
Partner organizations receiving grant funds from this program will use the funds to establish a program within their service area to provide assistance to eligible recipient and projects. Once programs are established, partner organizations can offer grants up to $750,000 per project or up to $2,000,000 in guaranteed loans. Leveraged grants can cover up to 30% of the project cost. Guaranteed loans will be guaranteed by the state up to 80% of the value of the loan. Leverage grants and guaranteed loans can be used by eligible recipients for the following:
Organizations who received grant awards in both rounds of this program are using the round 2 funding on entirely new business corridors. A team of reviewers, including experts in community development outside of DEED, helped score the proposals to inform DEED’s final grant allocations.
Eligible recipients will not apply directly to DEED for funding – they will apply directly to the partner organizations identified above. As they set up their programs, the partner organizations can be contacted directly for more information and details around how to request assistance for a specific eligible project.
The Department of Employment and Economic Development, through its Economic Development Division has provided funding to Heartland Lakes Development Commission to establish an economic revitalization program that will provide leveraged grants to support economic development and redevelopment projects in Park Rapids. The program will result in the revitalization of corridors and main streets that have an outsized impact on businesses and surrounding communities, expand the tax base of targeted communities, increase the creation and retention of jobs relative to the local economy and deliver a positive impact on diverse communities most severely harmed by the events of the last year.
Leveraged grants can be used by eligible recipients for the following:
Eligible project expenses do not include the purchase of real estate or business operations or business operating expenses, such as inventory, wages or working capital.
A leveraged grant can cover up to 30% of the total project cost and must be matched by an eligible recipient at 200% of the state’s portion of the grant. Matching funds may include but are not limited to insurance proceeds from an eligible recipient, loan proceeds, private grants, cash contributions, donations, and local government contributions.
Applications can be obtained HERE, directly from Heartland Lakes Development Commission by calling (218) 732-2256, or from one of the participating local lending institutions. Applications for the Main Street Economic Revitalization program will be accepted by Heartland Lakes Development Commission on a first come first serve basis until funds are depleted.
September 20, 2021 Press Release from DEED
The Minnesota Department of Employment and Economic Development (DEED) is now accepting applications for the Minnesota Main Street COVID Relief Grant program.
A total of $64,200,000 is available in grants for Minnesotan owned and operated businesses that can demonstrate financial hardship due to the COVID-19 pandemic
Businesses that are majority-owned by military veterans, women, and Black, Indigenous, and people of color individuals; employ 6 people or fewer; and/or did not receive previous assistance from other state relief programs will be prioritized in the selection process. Funding will be distributed in a 50/50 split between the Twin Cities metro area and Greater Minnesota.
Applicants that qualify and are selected will receive a grant amount between $10,000 and $25,000 based on the number of full-time equivalent (FTEs) employees on staff. To be eligible, businesses must operate in Minnesota and be majority owned by a resident of Minnesota. Additional eligibility requirements and application information can be found at DEED’s Main Street COVID Relief Grants Program page.
DEED hosted an informational webinar last Tuesday, September 14 to go over the application process and answer questions from small business owners. You can watch a recording of that webinar on DEED’s YouTube channel.
DEED will also be hosting another informational webinar today at 10:00 a.m. to answer more frequently asked questions regarding the application process.
If you have questions, you can email MSCRG.DEED@state.mn.us. We will also be keeping our Frequently Asked Questions updated as we get inquires. Additionally, you will be able to find translated program information on our website in Hmong, Somali, Spanish, and Vietnamese. You can also watch our How To Apply For The Minnesota Main Street COVID Relief Grant video in Hmong, Somali and Spanish.
Applications will be reviewed and awards will be disbursed and administered by qualified local and regionally based nonprofit organizations. Grant funds received by individual businesses shall be used for working capital to support payroll expenses, rent, mortgage payments, utility bills, and other similar expenses that occur or have occurred since March 12, 2020, in the regular course of business.
Applications will close on September 29 at 11:59 p.m. Afterward, grant applications will be selected for consideration through a computer-generated, randomized selection process.