Most companies have confronted hardships over the previous few years. However micro-businesses and people owned by ladies and minority entrepreneurs have been particularly impacted.
The Newest Micro Enterprise and Girls-Owned Enterprise Grants
Small enterprise grants can fight a few of these further challenges. Listed here are some present alternatives for girls, micro-businesses, and others in communities throughout the U.S.
Dulles Minority Small Enterprise Proprietor Grant Program
The Dulles Regional Chamber of Commerce in Virginia lately unveiled a Minority Small Enterprise Proprietor Grant Program. This system is open to minority and ladies owned small companies in Fairfax and Loudoun counties which have ten staff or much less and have skilled monetary hardship as a result of pandemic. The chamber is partnering with America’s Charities to manage and handle this system. They’re additionally gathering tax-deductible donations to help this system. Functions are open now by July 8, and eligible companies can submit theirs in individual or on-line.
Coos Financial Improvement Company Pilot Program
Coos Financial Improvement Company in New Hampshire is launching a brand new pilot grant program for companies focused on a storefront location. This system goals to assist small companies take that subsequent step towards securing a retail location, thus supporting the financial system and shopper exercise within the space. This system will first concentrate on 5 places throughout the county, together with Berlin, Colebrook, Gorham, Lancaster, and Whitefield. Eligible companies can obtain as much as $5,000, which might go towards hire, insurance coverage, utilities, signage, and related storefront prices.
Windfall American Rescue Plan Act Grants
Windfall, Rhode Island is providing $7 million in grants to native small companies. Funded by the American Rescue Plan Act, this system initially launched in October 2021. However with the deadline simply over a month away, 90 % of funds are nonetheless out there. So the mayor and Metropolis Council have loosened necessities. Particularly, companies won’t have to satisfy a tangible asset minimal to qualify. They’re additionally routinely approving companies that had beforehand utilized however now meet the necessities because of the brand new guidelines. July 1 is the ultimate deadline to use.
Schuyler County Downtown & Enterprise Enchancment ARPA Program
The Schuyler County Downtown & Enterprise Enchancment ARPA Program simply introduced the primary accomplished challenge from its first spherical of small enterprise grants. The Schuyler County Legislature and the Schuyler County Partnership for Financial Improvement (SCOPED) awarded $25,000 to Bleachers Sports activities Bar and Grill for its new exterior seating space. The organizations additionally introduced a second spherical of funding. This system reimburses companies for as much as $25,000 in matching funds to cowl façade enhancements. This system has $172,300 out there for this subsequent spherical, with a deadline of July 31.
Marin Microbusiness COVID-19 Reduction Grant Program
Marin, California’s “microbusiness” COVID-19 aid grant program is supporting the county’s smallest companies. The county is partnering with Marin Small Enterprise Improvement Heart and Dominican College of California in San Rafael to manage this system, which is geared towards low-income enterprise house owners negatively affected by the pandemic. This system will present 105 grants of $2,500 every. To qualify, companies should have grossed lower than $50,000 in 2019, be capable to present a lack of 10 % or extra throughout the pandemic, have not more than 5 staff, and never have obtained different aid funds. The applying deadline is June 30.
Wells Fargo Basis and LISC Catastrophe Restoration Program
The Native initiatives Assist Company (LISC) and Wells Fargo Basis are launching a pilot program to help catastrophe restoration for small companies. The Wells Fargo Basis is offering a $2 million grant to LISC to fund community-based catastrophe coaching and planning companies to companies in disaster-prone communities. To facilitate these advantages, LISC is offering help to twenty nonprofit enterprise growth organizations in Alabama, Louisiana, New Jersey, New York, and Texas. And people organizations in flip will help small companies with their added sources.
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