IEDC Promise Grant Assistance Hours

Event Promo Photo For IEDC Promise Grant Assistance Hours

April 02 2:00 PM - 4:00 PM

April 04 2:00 PM - 4:00 PM

April 09 2:00 PM - 4:00 PM

April 11 2:00 PM - 4:00 PM

April 16 2:00 PM - 4:00 PM

April 18 2:00 PM - 4:00 PM

April 23 2:00 PM - 4:00 PM

April 25 2:00 PM - 4:00 PM

April 30 2:00 PM - 4:00 PM

May 02 2:00 PM - 4:00 PM

May 07 2:00 PM - 4:00 PM

May 09 2:00 PM - 4:00 PM

May 14 2:00 PM - 4:00 PM

The Forge
1201 SE 7th Ave. Suite H.
Grand Rapids, Itasca County, MN 55744
US
Get Directions »

Cost
FREE

Contact
2183269411
sbloch@itascadv.org

What is the Promise Grant program?

"This program offers competitive grants to small businesses with the most competitive business applicants having experienced economic hardship in 2022 and having received less than $10,000 in COVID-19 relief funding from the State of Minnesota. Applications to the Promise Act Grant Program for businesses located in the Northland Foundation’s service area in Northeast Minnesota will be accepted from March 26, 2024 through May 21, 2024. Businesses will be informed of whether they’ve received a grant in July 2024. A second round of grants is planned for 2025.
 
SBDC Consultants will be hosting Open Office Hours to assist business owners in the grant process over the next few months. Open Office Hours are designated times where businesses can work with a business consultant to walk through the Promise Act Grant application together. Only one business will be admitted into the meeting room at a time, ensuring that your business finances remain confidential.”
 
Find this information and more on the Northland SBDC Website:
https://northlandsbdc.org/promise-act/
 
IEDC Promise Grant Hours will take place every Tuesday and Thursday from 2:00 - 4:00 pm at The Forge beginning April 2nd through May 14th!

 

What to bring into the office hours:

  • Primary Contact Identification such as a current driver’s license, Tribal ID , or other government ID.
  • Proof of Operating Business Address such as a bill or invoice addressed to the business.
  • 2021 Business Tax Return
  • 2022 Business Tax Return
  • Businesses must bring their completed 2021 and 2022 business tax returns to receive assistance with the economic hardship portion of the application. The most competitive applications will be able to show either a 10% decline in gross revenue or any decline in net profit in 2022 compared to 2021. A Microsoft Word copy of the full application is available at the Northland Foundation’s website.
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