MNDEED Shared Work Program

The MNDEED Shared Work Program offers an alternative to layoffs for employers facing a temporary downturn in business. Administered by the Minnesota Unemployment Insurance Division, the program allows employers to divide available hours of work among a group of employees instead of implementing a full layoff. These employees may then receive partial unemployment insurance benefits while working reduced hours.

Restaurant Revitalization Fund

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.

Paycheck Protection Program (PPP)

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. First Draw PPP Loans can be used to help fund payroll costs, including benefits, and may also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.

SBA Economic Injury Disaster Loan (EIDL) Program

The Small Business Administration Economic Injury Disaster Loan (EIDL) Program can provide low-interest, long term loans to small businesses and nonprofits experiencing a temporary loss of revenue due to COVID-19. Follow the step by step instructions to apply.

Xcel Energy Pandemic Recovery Program

The Xcel Energy Pandemic Recovery Program offers a temporary rate discount for qualifying small- and mid-sized businesses in Minnesota.