A guide for navigating funding available for business growth
September 25, 2021
Right now, it's hard to overstate just how much opportunity there is to receive funding and support from government to help grow our economy. The $1.9 trillion American Rescue Plan has created an extraordinary slate of programs available for economic recovery, and funds appropriated by the state legislature during the 2021 legislative session put forth hundreds of millions of dollars in specific programs for Minnesota businesses and support organizations, too.
With all that money that’s out there, where should a businesses or support organizations focus their efforts?
Last month we shared a timeline and program summary of some of the major programs that came out of the 2021 Minnesota Legislative Session and a timeline for program administration. We wanted to go further here to take a look at the big picture of state and federal programs and provide updated guidance on how organizations should consider these programs.
