Economic Relief Resources
Last Updated: 2/16
Small businesses across Minneapolis are navigating uncertainty and disruption. Below are current economic relief opportunities and funding programs available to support community-serving businesses.
We will continue updating this page as new information becomes available.
If you have questions, contact LBA directly. We are here to help and assist you.
Minneapolis Foundation: Economic Response Fund
The Minneapolis Foundation has launched emergency economic response grants to support businesses experiencing material disruption.
What this fund supports:
Payroll and job retention
Worker continuity and emergency scheduling costs
Essential operating expenses
Stabilization support to prevent permanent closure
Priority is given to community-serving businesses whose stability directly protects workers and neighborhood services.
APPLY HERE
2. Proposed $5 Million City of Minneapolis Small Business Stabilization Program
Minneapolis City Council member, Jason Chavez, has proposed a $5 million stabilization program aimed at supporting businesses impacted by recent economic disruptions.
If approved, this program would provide direct financial relief to qualifying small businesses across the city.
The first vote is scheduled for February 17, 2026.
We will update this section as details are finalized.
3. Main Street Alliance Small Business Stabilization Fund
Main Street Alliance is launching a grassroots small business fund to support community-serving enterprises.
Timeline:
February: Fundraising phase
March: Applications open and reviewed on a rolling basis
March: Rapid distribution of funds
Funding is intended to:
Prevent layoffs
Maintain worker pay continuity
Cover essential operating expenses
Stabilize businesses at risk of closure
LINK HERE - scroll down the page for more info
Need Help Navigating These Resources?
LBA is working to ensure businesses in Longfellow and Seward have access to clear, updated information.
If you would like:
Help understanding eligibility
Assistance applying
Printed information in additional languages
A volunteer visit to your storefront
Please contact us at info@longfellowbusinessassocation.org