About Too Local To Fail

Too Local To Fail is a resource for business owners and employees in the MSP region, as well as the entire state of Minnesota. We serve as a hub for information including re-opening tools, business best practices and government guidance and resources. We are also advocating for sensible policies and solutions that will support business that are open, re-opening or experiencing mandatory closures through our small business coalition. To sign on to this effort, #TooLocalToFail, click here.

Too Local To Fail Platform For Building Community and Innovation

Too Local To Fail has a new interactive platform designed to shape the future of the Minneapolis-St. Paul economy. Business leaders, employees and stakeholders can share their ideas about re-opening the economy and a return to work.

To access the new interactive tool, click here. Sign up, become a user, and start voting on ideas or contribute your own.

CARES Act - SBA Loans

$300 billion have been made available to small-businesses via the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) through the recent stimulus package. Recent changes have been made specifically to the PPP program as a result of recent legislation. To learn more about these modifications click here.

As part of our “Too Local To Fail” effort, we want to help Minnesota small businesses be ready to apply for these dollars. Information about the SBA’s Paycheck Protection Program and other resources can be found here.

DEED - Small Business Relief Grants Program to Begin Accepting Applications on June 23

More than $60 million available in grants to small businesses affected by COVID-19

The Minnesota Department of Employment and Economic Development (DEED) has announced that the Minnesota Small Business Relief Grants Program -- which was approved by the Minnesota Legislature last week and signed by Governor Tim Walz on Tuesday – will begin accepting applications next week.

This program will provide $10,000 grants to small businesses that have been impacted by the COVID-19 pandemic. Businesses with 50 or fewer full-time employees are eligible. Half of the funding will go to businesses in Greater Minnesota and half to businesses in the seven-county Twin Cities metro area, as required by law.

Read more from DEED here.

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