Ashland Chamber & Travel Ashland Update
Additional COVID-19 Emergency Business Grants Available Now

Southern Oregon Regional Economic Development, Inc. (SOREDI) is pleased to announce that additional COVID-19 Emergency Business Grants are available now throughout Jackson and Josephine Counties. Time is limited for the deployment of an additional $250,000 in the region and businesses are urged to apply today.

SOREDI will partner with its counterpart agency, CCD Business Development Corporation (CCD) which successfully received a fourth round of Emergency Business Assistance Grants from Business Oregon. The purpose of the program is to provide financial assistance to small businesses adversely affected by economic conditions associated with the COVID-19 pandemic. The State of Oregon has allocated $17.5 million statewide in Round 4.

Because of the tight State disbursement timelines and delays in issuing checks due to immediate fire response priorities, funds from Rounds 1-3 are still available – in addition to Round 4 funds – in some areas. Jackson County still has about $115,000 in Round 3 funding. Qualified businesses will be funded first from earlier rounds until funds are depleted, then Round 4 funds will be accessed.

First time applicants can apply now using the Round 3 application found online at www.soredi.org/covid/matching. Businesses who have already received an award, in Rounds 1, 2, or 3 will be contacted by a CCD staff member if they are eligible for additional grant funding.

Round 4 allows businesses who may have received previous funding to apply again for additional funds. 

Round 4 of funding comes with a new set of eligibility requirements which opens the door for more businesses to apply. It also allows some prior awardees to get additional funds. Small businesses will be eligible under the following conditions:

  • The business or 501c3 non-profit is in Jackson or Josephine County.
  • The business is actively registered with the Oregon Secretary of State, if required by Oregon law.
  • The business has 25 or fewer employees.
  • The business can demonstrate a one-month decline in sales of 25% or greater. (Any month between March 1, 2020 and August 31, 2020 compared to same month in 2019)
  • The business has not received over $100,000 in federal funding (PPP, EIDL)
 
First time applicants can apply now using the Round 3 application found online at www.soredi.org/covid/covidgrants. Businesses who have already received an award, in Rounds 1, 2, or 3 will be contacted by a CCD staff member if they are eligible for additional grant funding.

The application deadline is Wednesday, November 11. These funds are intended to be equally accessible to all businesses including the historically disadvantaged population groups (Asian, Black, Hispanic, Native American, and Women-owned businesses).

The application is available at www.soredi.org/covid/covidgrants or by contacting SOREDI (541) 773-8946 or by email at grants@soredi.org.

The program was funded in part with State of Oregon General Funds and Lottery Funds administered by the Oregon Business Development Department.

Thank you,

Ashland Chamber & Travel Ashland Staff
Thank you to the Ashland Chamber’s
Partners in Emergency Preparedness and Recovery