Visit Lake Street - Lake Street Council

View Original

Cultural Market Small Business Support Program

The Cultural Market Small Business Support program will provide grants from $10,000 to $50,000, to assist in maintaining the vibrancy, security, and commerce of cultural malls located in the city of Minneapolis. These malls provide important, culturally unique goods and services to the community, facilitate participation in the economy for entrepreneurs and small businesses, and are accessible to the public.

Eligible Applicants: Applicants must meet the following criteria:

  • Be a cultural mall operator (as opposed to tenants directly) of a mall located in an “Eligible Location” as defined as follows*:

    • *Applicant’s mall must be located within Minneapolis city limits, excluding buildings located in DT1 Downtown Center and DT2 Downtown Destination zoning districts as indicated on the Minneapolis Primary Zoning District Map.

  • Facility must be open and currently operating.

  • The facility must be a privately owned permanent indoor retail space that meets the definition of "Covered Mall Building" under Minnesota Building Code, Minnesota Rules 1305, Chapter 2. This definition does not include facilities that exclusively offer space to tenants for private commercial office space, education facilities, or religious establishments.

  • The facility must lease space to 12 or more current tenants.

  • Be a facility in which 50% or more of the tenant businesses are any of the following types of businesses: retail stores, drinking and dining establishments, entertainment and/or amusement facilities.

  • The facility must be owned by a resident(s) of Minnesota.

  • The facility must be in good regulatory standing with the City or will cure any outstanding issues and be current on property taxes.

Applications must be submitted by Thursday, February 8, 2024, by 4:00 pm.

For reasonable accommodations or alternative formats please contact the following resources:

  • People who are deaf and/or hard of hearing can use a relay service to call 311 at 612-673-3000

  • TTY users call: 612-673-2157

  • Para asistencia: 612-673-2700

  • Rau kev pab: 612-673-2800

  • Hadii aad Caawimaad u baahantahay: 612-673-3500

*This grant is not facilitated by Lake Street Council