For general operations to expand and accelerate COVID19 economic recovery through increased lending resources, technical assistance, and low-interest loans for an economically impoverished region of northwest Montana supported by MWCDP.
To provide short-term loan forgiveness for businesses at risk, partial loan forgiveness for businesses in crisis, equity injections for affordable capital, and grant relief to small businesses.
To provide grants, equity injections, and gap financing to African immigrant- and BIPOC-owned businesses in Minnesota.
MMCDC will provide access to flexible capital for underserved communities and disadvantaged populations in Minnesota, North Dakota and / or Wisconsin.
To support work with community stakeholders to co-create responsive solutions for small businesses that narrow wealth gaps for all.
To support economic prosperity for Latinos in the Twin Cities and throughout greater Minnesota through lending, small business development, agriculture, and employment and training services.
For patient capital to mitigate the impact of the pandemic-related economic downturn and civil unrest on BIPOC-owned businesses.
To support NDC?s ability to continue to provide flexible, patient capital opportunities for neighborhood micro and small businesses as they continue to navigate the global pandemic and rebuilding efforts.
To support grants to women-owned businesses that will assist them to recover from impacts of the ongoing COVID-19 public health emergency and civil unrest and continue to provide vital services to their communities.
To provide direct grants to BIPOC and Quality Job businesses in northeast and central Minnesota.