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Economic Development

Update March 26, 2020 - On March 25, 2020 Governor Walz issues an executive order, directing Minnesotans to limit movements outside of the homes from March 27 at 5 PM to April 10 at 5 PM to help slow the spread of COVID-19.  If you have questions how on this may impact your business, employment or employees please see the link below.  The link will have you determine eligibility for critical sector work exemptions for your employees and to answer other questions you may have.
mn.gov/deed/critical
Unemployment Resources - For businesses that are seeking assistance and answers to common questions regarding COVID-19.  Please see the link below for resources to help employers and workers in Minnesota.

covid19-deed-information-resources-header_tcm1045-422990https://mn.gov/deed/newscenter/covid/

SBA Disasater Loans - The U.S. Small Business Administration (SBA) is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).  The State of Minnesota is currently working with the SBA to be added as a eligible disaster area.  To find more information and the current status on the loans click the link below:

Disaster Loan Assistance
disasterloan.sba.gov/ela/

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MN DEED Assistance Loans - The Minnesota Department of Employment and Economic Development has established a loan program to assist small businesses directly and adversely affected and whose industry is named in Executive Orders 20-04 and 20-08 following the COVID-19 pandemic.  
Businesses should apply directly through a certified lender. A list of lenders and application materials are available at the links below.  Nonprofits unfortunately are not eligible for this program.

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Facebook Grants - Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where they operate.  More details on the program can be found at the link below.
https://www.facebook.com/business/boost/grants

Additional Resources:



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The City of Cottage Grove prides itself on being a great place to do business.
We strive to always provide quality customer service, a user-friendly permitting and building process, and a pro-business approach to our work.
Here are some of our current projects to attract new businesses and support current businesses: