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The original item was published from 8/19/2020 11:46:05 AM to 9/5/2020 12:00:05 AM.

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Posted on: August 19, 2020

[ARCHIVED] COVID-19 Resources: Emergency Assistance for Small Businesses

Small Business Emergency Asstc

Small Business Emergency Assistance Program


Small businesses are critical to both the City of Waconia and Carver County and we know that many have been directly impacted by the COVID-19 pandemic. As such, the City of Waconia has committed $600,000 to the Small Business Emergency Assistance Program, which will be administered by Carver County staff. The committed $600,000 will stay local and go directly back to Waconia businesses. We encourage you to apply if your business meets the minimum requirements outlined below.

Businesses with fewer than 40 employees, less than $2 million in annual revenue, and have seen at least a 10% loss of revenue since March 15, 2020 are eligible to apply for up to $10,000 in funding. Funds will be available to assist with expenses such as payroll, rent, utilities, payments to suppliers, and more as outlined in the program guidelines.

Applications will be accepted online only from August 17 - September 4. Approved applicants will be notified by mid-September if they have been accepted. More information and a link to the application can be found at www.carvercda.org.

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