legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

## Northland Foundation Announces Promise Act Grant Program

DULUTH ÔÇö Area businesses and nonprofits are encouraged to apply for grants ranging from $10,000 to $50,000 through the Northland Foundation. This initiative, known as the Promise Act Grant Program, aims to distribute $1.1 million to eligible entities. The grants, coming from the Minnesota Department of Employment and Economic Development, will prioritize applicants in communities facing challenges such as lack of access to capital, population decline, structural racism, civil unrest, and economic stagnation.

**How AI legalese decoder Can Help:**
The AI legalese decoder can assist businesses and nonprofits in deciphering the eligibility criteria and application process for the Promise Act Grant Program. By utilizing advanced algorithms, the decoder can simplify complex legal language, making it easier for organizations to understand the requirements and maximize their chances of receiving funding.

## Eligibility Guidelines and Funding Details

The guidelines for receiving these grants were established during the 2023 Minnesota legislative session. This round of funding is just the beginning, with a second round anticipated in spring 2025. It’s important to note that each applicant is limited to receiving only one grant.

Michelle Ufford, the director of grantmaking at the Northland Foundation, expressed her enthusiasm for partnering with DEED to support small businesses facing significant challenges in the region.

**How AI legalese decoder Can Help:**
The AI legalese decoder can breakdown the regulatory frameworks and legislative jargon associated with the Promise Act Grant Program. By providing clear interpretations of these guidelines, the decoder can empower organizations to navigate the application process with confidence and accuracy.

## Geographic and Financial Criteria

To be eligible for these grants, businesses must have their primary location in specific counties or tribal nations within Minnesota. The program targets businesses with annual revenues ranging from $10,000 to $750,000, based on their most recent tax returns. Nonprofits can also apply if they derive at least 30% of their revenues from non-tax-deductible sales or dues.

**How AI legalese decoder Can Help:**
The AI legalese decoder can assist businesses and nonprofits in understanding the geographic and financial requirements outlined in the grant program. By clarifying these criteria and providing tailored insights, the decoder can help organizations determine their eligibility and strengthen their applications.

## Application Process and Deadline

Interested parties have until 5 p.m. on May 21 to submit their applications for consideration. For more information and to apply, visit the Northland Foundation’s website at [northlandfdn.org/grants/special-grants.php](northlandfdn.org/grants/special-grants.php).

**How AI legalese decoder Can Help:**
The AI legalese decoder can streamline the application process by explaining the necessary steps and documentation needed for a successful submission. By offering real-time support and guidance, the decoder can enhance efficiency and accuracy in completing grant applications.

legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

Reference link