Small Business Stimulus Grant Program
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The goal of the grant program is to provide economic assistance to help businesses and nonprofit entities impacted by covid 19 to get them open keep them open and help prevent more from going out of business.
Small business stimulus grant program. The small business stimulus grant program is funded by board of supervisors allocated federal cares act funding and general fund funding. Please read through the application instructions and required documents before completing this application. Financial assistance will be allocated to eligible qualified small businesses and.
The original 349 billion allocated for the ppp ran out in mid april. These programs encourage small firms to undertake scientific research that helps meet. It s a giant last minute bill some 5 593 pdf pages long but fortunately you don t have to read the whole thing.
If your small business is engaged in scientific research and development you may qualify for federal grants under the small business innovation research sbir and the small business technology transfer sttr programs. The newest legislaition will allocate another 310 billion to the ppp and an additional 10 billion to the economic injury disaster loan eidl grant program. The small business stimulus grant program is funded by board of supervisors allocated federal cares act funding.
The bill also includes 60 billion for other economic disaster loans for small businesses with half of that amount reserved for community financial institutions. Small business stimulus grant application the following links are provided to assist with the grant application. While you may be hopeful.
On april 24 congress passed legislation to replenish funds for small business loan programs. Grants for research and development. Small business stimulus grant.
The second stimulus bill the economic aid to hard hit small businesses nonprofits and venues act has been passed by congress and signed into law by president trump. A first grant can be up to 10 million and a second grant could be up to 50 of the first grant.
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