Restaurant Revitalization Fund Training

The SBA’s Minnesota District Office will be holding multiple webinars to help eligible restaurants, bars, and other qualifying businesses impacted by COVID-19 better understand the Restaurant Revitalization Fund (RRF).

This program will provide eligible entities with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.

During this training the SBA will review:

  • What are the eligibility requirements?
  • How much am I eligible for?
  • How do other SBA relief programs impact RRF?
  • What are the eligible uses of funds?
  • And more.

Schedule

Several trainings will have a specific business owner focus but everyone is welcome to attend any of the trainings.

April 26, 2:30 pm – Women Focused (with the Women’s Business Alliance and WomenVenture)

April 27, 10 a.m. – General Session (hosted by the Minneapolis Regional Chamber with SBDC St Thomas co-presenting)

April 27, 4 p.m. – In Spanish/En Español (with the Latino Economic Development Center)

April 28, 9 a.m. – Application Workshop (with the North Central SBDC)

April 28, 2:30 p.m. – Small Disadvantaged Businesses Focused (with NEON and NDC)

April 29, 10 a.m. – Veteran Focused (with the Veteran’s Business Outreach Center)

May 3, 4 p.m. – Hmong Focused

Additional General Sessions

May 4, 10 a.m.; May 6, 4 p.m.; or May 10, 4 p.m.

Register Here

How can you prepare?

  • If you haven’t already, sign up for RRF email updates.
  • Review the the sample applicationprogram guide and cross-program eligibility chart on SBA COVID-19 relief options. You will be able to apply through SBA-recognized Point of Sale Restaurant Partners or directly via SBA at [email protected]
  • The official application launch date will be announced shortly. After a seven-day test period, the SBA will prioritize reviewing applications from small businesses owned by women, veterans, and socially and economically disadvantaged individuals for 21 days.

We’re here to help!

Contact Annette at (320) 214-2910.