Regional Center for Entrepreneurial Facilitation (RCEF)

08/20/2021

The Minnesota Department of Revenue is offering Sales and Use Tax webinars in September and October - Introduction to sales and use tax, and sales and use tax for retailers, service providers, and manufacturers.

Sales and Use Tax Webinars Minnesota Department of Revenue sent this bulletin at 08/19/2021 02:00 PM CDT Having trouble viewing this email? View it as a Web page. Introduction to Sales and Use Tax Sales and Use Tax for Retailers Sales and Use Tax for Taxable Service Providers Sales and Use Tax for M...

04/29/2021

Restaurant Revitalization Fund
This program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19.
Eligible entities who have experienced pandemic-related revenue loss include:
-Restaurants
-Food stands, food trucks, food carts
-Caterers
-Bars, saloons, lounges, taverns
-Snack and nonalcoholic beverage bars
-Bakeries (onsite sales to the public comprise at least 33% of gross receipts)
-Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts)
-Breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts)
-Wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts)
-Inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts)
-Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products

Registration for the SBA application portal will begin on Friday, April 30, 2021, at 9 am ET. Applications will open on Monday, May 3, 2021, at noon ET.

This program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19.

11/25/2020

Congratulations to David Alimo for winning the BizPitch competition! And thank you to everyone who competed in BizPitch; it was very difficult to choose a winner as all the presentations were really, really good. We'd also like to thank Dr. Yvonne Cariveau and her team at the Center for Innovation & Entrepreneurship for inviting RCEF to be a part of Global Entrepreneurship Week Mankato.

11/18/2020

Congratulations to Sandy Reinke for being named New Ulm's Hometown Hero for November! "She used her business to increase positivity and create community through her “Silver Linings” promotion."
Sandy owns Bailey Creek Boutique in New Ulm.

Home Hometown Hero November 2020 Hometown Hero: Sandy Reinke Hometown Hero November 2020 Hometown Hero: Sandy Reinke By wendy - November 18, 2020 463 0 Share on Facebook Tweet on Twitter 860 AM KNUJ/97.3 FM/SAM 107.3 and the New Ulm Hy-Vee announce this month’s Hometown Hero:  Sandy Reinke of New...

10/23/2020

06/17/2020

Update from the SBA regarding PPP Forgiveness and the EIDL Portal Reopens for All

If you've already received the SBA's PPP loan to help your small business with paying your employees during COVID-19, or you just want to know more about how these loans will be processed for forgiveness on the back end, the SBA and Treasury have released new revised, more borrower-friendly PPP form...

06/17/2020

"Businesses that are reopening are now REQUIRED to adopt a COVID-19 Preparedness Plan to explain the policies, practices and conditions that the business will take to protect the health and safety of their workers and customers."

"Executive Order 20-74 requires that by June 29, 2020, all businesses – including Critical Businesses – fully adopt and implement a COVID-19 Preparedness Plan."

Click the article below - it includes a link to a COVID-19 Preparedness Plan template w/instructions as well as links to industry-specific preparedness plan guidance and templates.

If you need assistance, give us a call!

Since the COVID-19 pandemic began, some businesses have been defined “Critical Businesses” based on federal guidance from the Cybersecurity and Infrastructure Security Agency (CISA). These businesses were able to continue operations – with safety protocols in place – due to the essential nat...

06/16/2020

SBA: Now Accepting New Applications for Economic Injury Disaster Loans and Advance

On June 15, SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications from qualified small businesses and U.S. agricultural businesses.

Small business owners and qualified agricultural businesses in all U.S. states and territories are currently eligible to apply for a low-interest loan due to Coronavirus (COVID-19).

Agricultural businesses are now eligible as a result of the latest round of funds appropriated by Congress in response to the COVID-19 pandemic.

This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties.