DEED announces $12.5 million in small business grants; over $400,000 coming to Southeast Minnesota

DEED Grant Winners in SE MN

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(ABC 6 News) – The Minnesota Department of of Employment and Economic Development (DEED) announced that 41 organizations across Minnesota will receive $12.5 million in Small Business Assistance Partnership funding, including 3 organizations in Southeast Minnesota.

The Collider foundation in Rochester was awarded $67,000, while the Rochester Area Business Development Center will get $214,000. The Community and Economic Development Associates in Chatfield will also receive $175,000.

The 41 grantee organizations will provide small business development services to entrepreneurs and small business owners, with a particular focus on underserved populations, including individuals who are Black, Indigenous, people of color, U.S. military veterans, people with disabilities, low-income people and residents of Greater Minnesota. 

Nearly three-quarters of the grantees (29 of 41) are focused on supporting Black, Indigenous and people of color business owners and entrepreneurs. Just over half of the funding ($6.1 million) is going to grantees that will serve business owners and entrepreneurs in Greater Minnesota.  

For a full list of grantee award winners, CLICK HERE.