APPLICATIONS DUE JULY 14!
The GRANT PROGRAM for small businesses affected by Covid-19 and the Business Closure Orders is NOW ACCEPTING APPLICATIONS. Small businesses with revenue of $1 million or less and 25 or fewer FT employees should APPLY BY 11:59 p.m. on JULY 14.
It will be competitive, but DCED is working very hard to make sure that small businesses in rural counties have access to these funds. Grants range from $5,000 to $50,000.
There is $200 million available, half for main street businesses such as boutiques, barbers/hairdressers, restaurants, pet shops, etc.., and half for historically disadvantaged businesses. There is a simple two-page application. Applicants will need some basic information such as a photo ID, tax return, etc.
The program is being managed by the Community Development Financial Institution Network. Applicants only need to apply through ONE CDFI and they only need to APPLY ONCE. Applications for the first round are due by July 14. Our local CDFIs are:
More information can be found here:
