The Department of Employment and Economic Development has announced grantee partners for the second round of the Main Street Economic Revitalization Program.
This $80 million statewide economic redevelopment program, distributed through two rounds of funding, awards grants to partner organizations to establish programs within specific communities that will, in turn, fund economic development and redevelopment projects.
The second round of grants awards over $40 million to organizations across Minnesota.
Southern Minnesota Initiative Foundation invests for economic growth in the 20 counties of south central and southeastern Minnesota, including Goodhue, Wabasha, Winona, and Olmsted.
They will receive $2.34 million to provide grants in the hospitality, retail, and childcare industries specifically in the commercial corridors of Northfield, Blooming Prairie and other Southern Minnesota regions to support economic recovery from the impacts of the COVID-19 outbreak and natural disasters since March 15, 2020.
Winona Area Chamber of Commerce will get $1 million to provide grants to qualifying businesses/capital development projects in downtown Winona, with the goal of supporting the economic recovery from the impacts of the COVID-19 outbreak.