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In January, the Olmsted County Board of Commissioners announced it allocated a total of $3,388,968 in economic relief funds to small businesses and non-profits affected by COVID-19 as part of the State of Minnesota County Relief Funding Program.
According to a press release from Olmsted County, a total of 169 small businesses met the eligibility criteria and were chosen as grant recipients, and 34 non-profit organizations met the eligibility criteria and were chosen as grant recipients.
A total of $2,711,174 was allocated to the grant program for small businesses and food/beverage-serving 501(c)(8) and 501(c)(19) non-profits, administered by Rochester Area Economic Development, Inc, and $677,794 was allocated to the grant program for 501(c)(3) non-profits administered by the Rochester Area Foundation (RAF).
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