Yesterday, the state opened the second round of applications for its small business COVID-19 relief program. This application round will continue until Monday, February 8.
Available grants range from $5,000–$25,000, depending on the annual revenue of the small business. Nonprofits are eligible for these grants.
Applicants who submitted their application and submitted all documentation in the first round do not need to reapply; qualified applications will be rolled over automatically into the next funding round for consideration, according to the application website.
The grant program aims to help micro and small businesses adapt operations for the coronavirus. The grants will be distributed statewide, with priority given to regions and industries affected by the pandemic, disadvantaged communities and underserved small business groups.
Owners of multiple businesses, franchises, locations, etc. will be considered for only one grant and are required to apply for the business with the highest revenue.
Selection notifications for this second round are scheduled for February 11–18, according to the website. The web page also reports that Round 2 is the final application window for the program. Grant awards for businesses in the second application window will be made in two decision rounds for funding.
The first round of applications for the grant program began on December 30, 2020 and closed January 13 (an extension from the original closing date). Approval notifications for the first round of applications began on January 15.
More information about eligibility requirements, the documentation required and the grant process are available at https://careliefgrant.com/.
