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Minneapolis council directs administration to design Small Business Resiliency Fund
Summary
The council approved a legislative directive Feb. 19 asking CPED to develop program details, implementation considerations and potential challenges for a Small Business Resiliency Fund; the directive passed unanimously 13–0 and will be sent to the mayor and CPED for development and reporting back.
Minneapolis — The City Council on Feb. 19 approved a legislative directive asking the Community Planning and Economic Development Department (CPED) to design and report back on a Small Business Resiliency Fund, including suggested program elements, funding sources and implementation challenges.
Council Member Chowdhury, the item’s lead author,…
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