East Main Street Economic Revitalization Program
Technical Assistance partners & Review Committee members of St. Paul & Minnesota Foundation’s East Metro Main Street Economic Revitalization Program gather to celebrate the awarding of $7M to St. Paul nonprofits & businesses at Ngon Bistro!
We have been helping Saint Paul & Minnesota Foundation (the Foundation) award $7M dollars to 42 nonprofit organizations and businesses in St. Paul’s Snelling-University-Rice Cultural District, East Side community and along West Seventh Street through the East Metro Main Street Economic Revitalization Program in partnership with the Minnesota Department of Employment and Economic Development (DEED).
“The vitality of our East Metro community is important to the overall well-being of the Twin Cities and state of Minnesota,” said Eric J. Jolly, Ph.D., President and CEO of the Foundation. “These grants are an investment in community vitality – and, more importantly, in the healing of St. Paul’s business corridors, the livelihood and dreams of its residents, and in a more vibrant future for its businesses and nonprofits. We believe these businesses and organizations will continue to strengthen community connectedness, expand resources and opportunities, and we know that their presence represents an enduring faith in the future of these neighborhoods.”
The East Metro Main Street Economic Revitalization Program awarded grants to the following organizations:
“We are proud of the strong collaboration and commitment to community demonstrated throughout this process,” said DEED Temporary Commissioner Kevin McKinnon. “We’re partnering to support the growth of these organizations and we’re excited to see their progress and the impact in our communities.”
Grant dollars will fund a wide range of revitalization projects with budgets between $20,000 - $9 million, representing more than $53 million in capital investment. 100% of the funded projects serve Black, Indigenous, Asian, Latino, new Americans, immigrants, refugees, LGBTQI communities, low-income communities or other communities that have been historically under- and dis-invested by traditional funding. More than 85% of the projects are owned or led by people of color. $3.7 million in grants went to nonprofits and $3.3 million to businesses, with $2.1 million specifically directed to small businesses. More info here.
Congrats to all grantees! Viva St Paul!
