New Ulm EDA approves $2,500 business grants
NEW ULM — Supporting local has an additional name and face. The New Ulm Economic Development Authority has pledged grant money to widen the relief efforts of area businesses affected by COVID-19. Businesses that were directly impacted by Governor Walz’s Executive Orders 20-04 and 20-08 may now apply for $2500 grants per business affected. These funds are to help small business owners weather the storm until major funding can be distributed.
The business applicant must reside in the city of New Ulm, must have a commercial address (no home addresses or home businesses are eligible) and the applicant must be the business owner. Funds to the program are limited and applications will be processed on a first come, first served basis. Business owners are encouraged to apply promptly.
The Chamber of Commerce would also like to remind individuals that supporting local is very important during this crisis. Direct payments to individuals through the Federal Stimulus package would be best spent in New Ulm. The Chamber understands that all needs might not be met in New Ulm but encourages all citizens to spend as much locally as possible. Please help keep the local business community intact during COVID-19. Be New Ulm Strong. For more information on take-out and delivery from local restaurants, visit newulm.com.
Applications can be found online at NewUlm.com under the COVID-19 Resources Page or the City of New Ulm at ci.new-ulm.mn.us under their COVID-19 Information Page. Applicants that have questions about the application can direct inquires to Audra Shaneman at 507-233-2113 or email her at AundraS@newulmmn.gov.