Applicant Update: Aug 9th, 2024
Hi friend!
We know as a community member you are anxiously waiting to hear news and updates about grant awards. As an organization who has worked with entrepreneurs for three decades, we understand the urgency and critical need for these funds.
We are doing our best to balance this urgency with the significant responsibility of being good and careful stewards of state resources. Our process to mitigate fraud is stringent, essential, and can be time consuming.
Please know that we are committed to ensuring that every grant is allocated appropriately.
Why the Wait?
The process of grant distribution involves several crucial steps to ensure that funds are allocated fairly and used effectively. These steps include:
Ongoing Communication: NDC is consistently communicating with state agencies and lawmakers to ensure that we are executing this program by the letter and intent of the law.
Thorough Review and Evaluation: Each grant application undergoes a comprehensive review and evaluation including verification with the MN Department of Revenue.
Equitable Allocation: We strive to ensure funds are equitably available. Through our hands-on outreach and events in the community, we are working towards ALL eligible businesses knowing about this opportunity. More information sessions and workshops will be available again this Fall.
Compliance and Accountability: Ensuring that all grant recipients meet our compliance requirements and reporting standards is essential for maintaining transparency and accountability.
Grant Distribution and Selection: As part of our commitment to transparency and fairness, we want to clarify that while we wish we could support every applicant, we know for certain that we will not be able to award a grant to every applicant. The selection process is highly competitive, and each application is being reviewed thoroughly based on our criteria and available funding.
What’s Next?
We are actively working to finalize due diligence so we can distribute these funds, and will keep you updated on our progress. Once the grants are allocated, you will receive detailed information about the next steps - whether you are selected to receive a grant or not.
Updated Website
We have some thrilling news to share with you! We are excited to announce that we are in the final stages of launching our brand-new website.
What’s Coming:
Modern Design: A fresh, user-friendly look that makes it easier to navigate and find what you need.
Updated Content: The latest information about our programs, events, and initiatives will be at your fingertips.
Enhanced Features: Improved tools and resources to better support your needs and engagement with our community.
Thank You
Your patience and understanding are invaluable as we navigate this process. We are excited to see the positive impact of the grants and to support the incredible work you are doing in your community.
All the best,
MN PROMISE Act Grant Team
Neighborhood Development Center