Small Business Grants Support COVID Revitalization Efforts in Communities Across the U.S.

From New York City to Seattle businesses are still struggling from the COVID pandemic. Many local governments, chambers of commerce, and community organizations are offering small business grants to assist with the recovery process.

Latest COVID Relief Small Business Grants

Here are some grant opportunities from the past week that may be relevant to local businesses.

Brooklyn Chamber of Commerce – Cross River Small Business Grant Program

The Brooklyn Chamber of Commerce and Cross River Bank recently announced a new small business grant program for women and minority owned businesses and startups. The Brooklyn Chamber of Commerce – Cross River Small Business Grant Program offers a total of $200,000. Each business can receive a grant of $5,000. The Brooklyn Alliance, the economic development arm of Brooklyn Chamber of Commerce, will manage the application and administrative process. Grants are given on a first-come basis. The first round of applicants has been chosen.

NYC Small Business Resilience Grant

New York City just unveiled a new $100 million grant program to support businesses still struggling due to the pandemic. Eligible businesses will receive funds immediately through the NYC Small Business Resilience grant. This program is targeted at hard-hit areas such as entertainment, recreation, accommodation, food service, and other related industries. This program also gives priority to low- and moderate-income communities.

Morgantown Small Business Assistance Grant

The city of Morgantown, West Virginia is encouraging businesses to apply for its Small Business Assistance Grant. Both new and established businesses can apply for the program. It includes a pool of $500,000, which comes from the city’s American Rescue Plan Act funds. And each eligible business that is awarded funding can get up to $20,000. Businesses must have an employer ID number and comply with all licensing requirements. They will however give preference to those affected by the pandemic.

Seattle Neighborhood Economic Recovery Grants

Seattle recently announced a new round of its Neighborhood Economic Recovery Grants. The round includes $1. 35 million to boost business-friendly organizations in the city. These grants are made possible by the Coronavirus Local Fiscal Recovery Fund. It was created with American Rescue Plan Act funds. Many of the grants have already been awarded by the city, including ones that support arts in the city and local community markets.

Erie County New Small Business Grant and Local Shuttered Venue Grant

Erie County, Pennsylvania recently started dispersing funds for two grant programs. Both the New Small Business program as well as the Local Shuttered Venue grant use money from The American Rescue Plan Act. The New Small Business Grant is includes up to $150,000 to help businesses affected by the pandemic. Each grant totals between $5,000 and $10,000. The Local Shuttered Venue Grant focuses on recreational, event, and tourism businesses that haven’t been helped by other COVID-19 relief efforts. The fund includes $1,474,991, with individual grants of up to $75,000. The grants were opened on November 1. A handful of grants have been granted already.

New Jersey Minority Business Development Agency

New Jersey recently opened the state’s first branch of the federal Minority Business Development Agency in Camden. This expansion of services was made possible by the U.S. Department of Commerce grant to The Enterprise Center, a Philadelphia-based non-profit. This is a program that will help minority-owned businesses expand and improve their capacity. This is particularly relevant since many businesses were affected by the pandemic and have moved to other states.

New York City just unveiled a new $100 million grant program to support businesses still struggling due to the pandemic. Eligible businesses will receive funds immediately through the NYC Small Business Resilience grant. This program is targeted at hard-hit areas such as entertainment, recreation, accommodation, food service, and other related industries. This program also gives priority to low- and moderate-income communities.

Source: https://contractordailynews.com/2021/12/26/small-business-grants-support-covid-revitalization-efforts-in-communities-across-the-u-s/

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