The Minnesota Department of Employment and Economic Development (DEED) has announced nearly $6.2 million in grants to support local community and economic development on Minnesota’s main streets, including Red Wing.
Nine partner organizations will use their Main Street Economic Revitalization grants from DEED to offer assistance – 30% matching grants up to $750,000 – for businesses in the communities they serve.
Red Wing Downtown Main Street will receive $750,000, Southern Minnesota Initiative Foundation $780,000 and Destination Medical Center in Rochester will be awarded $750,000.
Businesses that apply for and receive funding from the partner organizations can use the funds for property repair or renovation, building construction, landscaping and street scaping, demolition and site preparation, predesign and design, engineering, non-publicly owned infrastructure or related site amenities.
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