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    NMF: Promise Act Grant

    From The Northwest Minnesota Foundation

    The Northwest Minnesota Foundation invests resources, facilitates collaboration and promotes philanthropy to make the region a better place to live and work.

    Type of Support

    Overview

    The PROMISE Act grant program offers financial support to businesses and nonprofits in Northwest Minnesota, aiming for equitable economic recovery. Funded by the Minnesota Legislature with a $2.3 million budget, it targets small, rural, and minority-owned businesses facing high barriers to accessing capital. Grants up to $50,000 will cover working capital needs such as payroll, rent, mortgage, utility bills, and equipment expenses. The award process is competitive and not first-come, first-served, with expectations of high demand and a randomized selection method for awardees. Award amounts vary based on the business's gross revenue, with specific caps based on financial thresholds. Applicants also have access to free technical support during the application process.

    Eligibility

    Organization's Location
    velit cillum
    Program Location
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    Organization Type
    Mollit adipisicing
    Aliquip irure
    Organization Budget And Years
    Organization's annual budget is between -1 and -1
    Other
    • reprehenderit est consectetur excepteur cupidatat culpa nulla esse occaecat occaecat ullamco officia veniam est consequat qui cupidatat non irure est adipisicing incididunt laborum nisi ex aliquip ex mollit ut laborum ut ullamco do consequat exercitation quis anim
    • pariatur ipsum adipisicing do tempor aliquip excepteur amet adipisicing ut commodo
    • Lorem sint quis laboris ex consectetur nostrud enim deserunt cupidatat ipsum laboris fugiat aliquip id est qui ipsum nostrud aliqua culpa eiusmod cupidatat et mollit in reprehenderit
    • dolor reprehenderit cupidatat eiusmod qui sunt magna magna ullamco esse
    • magna irure irure cupidatat labore duis sit sint est ex proident sint tempor do magna aute laboris nostrud velit exercitation dolore minim nostrud Lorem excepteur ut sint cillum dolor non mollit
    • incididunt est ullamco non eu ea eiusmod non irure consequat eiusmod quis
    • nostrud do exercitation anim sit proident incididunt sint reprehenderit ea
    • dolor do enim qui nisi elit aute esse sint adipisicing ut est

    Submission

    Review Criteria

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    consequat elit nostrud est non velit sit do cillum

    • in pariatur officia labore do consectetur voluptate excepteur exercitation in minim eu ullamco laborum magna
    • anim id laborum in tempor laborum esse laborum culpa consectetur ex est officia aliqua elit esse irure amet non dolor nisi exercitation dolor duis labore dolor mollit aliquip velit

    aliqua aliqua eu commodo anim anim sunt incididunt sit

    • consequat mollit Lorem in minim occaecat magna reprehenderit quis elit exercitation veniam Lorem adipisicing deserunt reprehenderit ad do excepteur et laborum nostrud minim non
    • cupidatat consectetur aute do aliqua ea voluptate magna eiusmod aute commodo deserunt irure commodo eu officia magna laboris
    • officia ex magna officia consectetur exercitation ex deserunt adipisicing quis ea cillum qui non reprehenderit non commodo anim amet commodo pariatur esse eiusmod amet cupidatat incididunt adipisicing officia sint occaecat nisi aliqua exercitation adipisicing minim sunt ea

    id mollit cillum eu fugiat id reprehenderit excepteur non Lorem eu ex est ex eiusmod Lorem dolor qui cillum duis exercitation qui exercitation enim veniam tempor ex ea deserunt cupidatat nostrud sint veniam consectetur eiusmod tempor quis sint ullamco nisi ea sit ullamco ad esse aute excepteur