Fredrikson & Byron Foundation Funds Small Business Recovery Microgrant Program
The Fredrikson & Byron Foundation funded and launched the Small Business Recovery Microgrant Program with administrative support from Neighborhood Development Center (NDC). The program provides financial support to small businesses impacted by damage sustained from civil unrest that followed George Floyd’s death in Minneapolis last year.
“Rebuilding our community started a year ago when lawyers from Fredrikson opened a free legal clinic to assist the business owners affected by social unrest, but there is still much to be done,” said Dulce Foster, Fredrikson & Byron Foundation president. “By offering microgrants to as many small business owners as possible, community members can gain a renewed hope as they revive their businesses.”
The program will run for 18 months or until funds are distributed. Interested small business owners may request an application from NDC by emailing Earlsworth Letang at ELetang@NDC-MN.org.
The Fredrikson & Byron Foundation supports the philanthropic efforts and volunteer work of Fredrikson & Byron’s attorneys and staff in the community. The Foundation provides grants to programs that improve the delivery and equal access to legal services, law schools and programs that support lawyer professional development, programs that are aimed at ameliorating the causes and effects of crime, organizations that seek to protect and develop our community’s human capital, and arts, cultural and environmental organizations that improve the quality of life. The Foundation gives priority to grant requests from organizations with which Fredrikson attorneys and staff are personally involved and are consistent with the Foundation’s core mission.
The Neighborhood Development Center is a nonprofit organization that works in Twin Cities low-income neighborhoods to help emerging entrepreneurs develop successful businesses that serve and revitalize their communities. They also supported members of the Build from Within Alliance which provide similar support in communities across the United States. This multi-year evaluation documents NDC’s impact on NDC-assisted businesses, as well as on the neighborhoods where owners reside and operate businesses.
Fredrikson & Byron is a leading Midwest law firm working collaboratively to help businesses achieve their goals regionally, nationally and globally. With a reputation as the firm “where law and business meet,” our attorneys bring business acumen and entrepreneurial thinking to work with clients and operate as business advisors and strategic partners as well as legal counselors. The firm’s 300+ attorneys are based in Minneapolis, with offices in Bismarck, Des Moines, Fargo, Mankato, St. Paul, Saltillo, Mexico, and Shanghai, China. Learn more at fredlaw.com, LinkedIn or @FredriksonLaw.