Many small companies are nonetheless reeling from the pandemic. Although the preliminary aid packages have already doled out funds, communities are nonetheless providing grants to assist their native economies stabilize. Listed here are some small enterprise grant packages in California, Connecticut, and in all places in between.
Butte Enterprise Stabilization
California’s Butte County and the Metropolis of Chico are allocating American Rescue Plan Act funds to a brand new small enterprise grant program. The Butte Enterprise Stabilization Program II is open to small companies in Chico with 100 or fewer full-time equal staff. Grants could also be as much as $10,000 and may cowl operational bills that will in any other case put the enterprise susceptible to closure or layoffs. The appliance interval runs from Might 2 to Might 20.
CARES 4 Trumbull Small Enterprise Reduction Fund
Trumbull County, Ohio not too long ago devoted a further $2 million to its CARES 4 Trumbull Small Enterprise Reduction Fund. The small enterprise grant program helps county companies impacted by the pandemic. This spherical of funding comes from the Coronavirus Native Fiscal Restoration Fund established underneath the American Rescue Plan Act. Eligible small companies can apply for as much as $10,000 to cowl pandemic-related bills. Funding can be offered on a first-come, first-served foundation.
AK-ARPA Enterprise Reduction Program
Alaska lawmakers not too long ago prolonged the deadline for its small enterprise aid grant program. The AK-ARPA Enterprise Reduction Program helps companies all through the state negatively affected by the pandemic. The unique deadline to use for a share of the state’s $34 million in federal aid funds was April 15. Now, eligible small companies have till April 30 to use. The brink to qualify has additionally modified. Companies now should be capable to show a lack of at the least 30 % of gross income between 2019 and 2020, versus 50 % in earlier rounds.
Maintain Islip Thriving
Islip, New York companies and nonprofits with underneath 500 staff can apply for grants of as much as $5,000 due to a brand new program. Maintain Islip Thriving makes use of American Rescue Plan Act funds to assist companies negatively affected by pandemic closures and mandates. Companies can use funds to cowl bills associated to supporting public well being or pivoting as a consequence of COVID-19 points.
Belton ARPA Funds
Belton, Texas is establishing a brand new small enterprise grant program for companies with 500 or fewer staff. The town will use $850,000 in American Rescue Plan act funds to create a program much like the one created underneath the CARES Act in 2020. Candidates should show monetary losses as a consequence of COVID-19 and supply a finances on how funding can be utilized. The town plans to prioritize hard-hit industries like accommodations and hospitality, however all small companies that meet the necessities can apply underneath the identical program.
Previous Lyme Financial Restoration and Group Initiative Grants
Previous Lyme, Connecticut companies now have two new small enterprise grant packages to use for. The Financial Restoration Grant goals to cowl pandemic-related losses incurred between March 3, 2021 and April 1, 2022. Companies can apply for as much as $10,000 underneath this program. The Group Initiative Grant program affords funding for packages and initiatives that may assist neighborhood restoration efforts. For instance, companies might apply for funds to cowl psychological well being assist or early childcare packages. Might 2 is the deadline to use for each packages.
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