MN SF4527

Appropriates $100 million in FY 2026 for relief grants to small businesses negatively impacted by federal enforcement activity between July 1, 2025, and February 28, 2026

Eligible businesses must be Minnesota-based, at least 50% Minnesota-owned, have 50 or fewer full-time equivalent employees, and demonstrate at least a 20% decline in revenue or sales compared to the prior year period

Grants range from $5,000 to $25,000 per business location, with funds distributed by lottery through Minnesota Initiative Foundations (greater Minnesota) and certified nonprofit partners (seven-county metro area)

Operators of cultural retail/food market spaces with at least 25 small tenant businesses may receive up to $250,000, with at least 50% of subgrants used to forgive tenant rent

At least 30% of funds must go to businesses with six or fewer employees, and at least 30% must support grants to market operators with small business tenants