Emergency Grants Available for Miami Beach Small Businesses
Small businesses in Miami Beach that have been hurt by the pandemic can soon apply for up to $20,000 in emergency grant money. The funds can be used to pay for rent, mortgages, utilities, payrolls, operating supplies and other types of business expenses.
Miami Beach Commissioners voted unanimously in October to set aside $600,0000 in funding through the Community Development Block Grant – Coronavirus (CDBG-CV) to assist at least 30 small businesses that have been hard hit by the coronavirus.
The grants will be awarded on a first-come, first-qualified basis. The application may be viewed beginning on December 28, 2020 and applications may be submitted beginning on January 6, 2021. Interested businesses should visit https://miamibeachfl.gosmart.org. The application process will remain open until all funds are exhausted.
As a condition of accepting the money, small businesses must retain or create one job filled by a Miami Beach resident of low-to-moderate income or the business must be owned by a low-to-moderate income wage earner. Businesses should be prepared to show 2020 and 2021 business tax receipts, tax returns, bank statements, payroll documents, invoices and proof of payment for eligible expenses.