OneMPLS Rebuild Grants

Minneapolis Foundation

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Deadline: Aug 17, 2020 11:00am PDT

Grant amount: Unspecified amount

Fields of work: Economic Services & Development Technology Access & Digital Literacy Business Development African-American Services Native American Services Disaster Relief / Humanitarian Aid

Applicant type: Nonprofit, For-Profit Business

Funding uses: General Operating Expense, Project / Program

Location of project: Hennepin County, Minnesota

Location of residency: Hennepin County, Minnesota

Exclusive to minorities: Yes

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About this funder:

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Overview:

OneMPLS Rebuild

Our OneMPLS Fund will provide flexible resources to organizations that support BIPOC-led Minneapolis businesses that were economically impacted by the COVID-19 pandemic, and which are now facing additional financial distress as a result of the civic unrest following the killing of George Floyd. We will support Community Development Financial Institution (CDFIs) intermediaries, technical service providers, and collaboratives serving impacted BIPOC businesses in Lake Street, North Minneapolis, and University Avenue areas.

Purpose

Funds will be deployed to support immediate and short-term (1-6 months) strategies to assist Minneapolis BIPOC businesses as they navigate challenges related to financial crisis, damage, and destruction due to public unrest after the killing of George Floyd and longstanding injustice in Minneapolis.

We will fund:

  • Direct financial support for the immediate relief, transition, or closure of BIPOC-led businesses.
  • Technical assistance, immediate support, legal consultation, and protection from predatory practices.
  • Organizational capacity of intermediaries and technical assistance providers as they manage the added financial and physical challenges of supporting businesses impacted by the pandemic.

You can learn more about this opportunity by visiting the funder's website.

Preferences:

  • Collaborative requests are encouraged.

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This page was last reviewed August 03, 2020 and last updated August 03, 2020