Grants to Be Made Available for Small Businesses Affected by COVID

0
422

The Umatilla Electric Cooperative Business Resource Center announced that grants are available for small businesses that have been impacted by the COVID-19 pandemic.

A total of $3 million has been allocated to the CDBG-CV Statewide Emergency Small Business & Microenterprise Grant Program. This program has been funded with federal grant funds from the Oregon Community Development Block Grant program CARES Act funding for communities affected by COVID-19.

Grant amounts range from $2,500 to $30,000. If qualifying as an LMI microenterprise (5 or fewer employees, including owner), the maximum grant amount is $10,000.

If qualifying as a small business (more than 5 employees), the maximum grant amount is $30,000 ($2,500 per LMI job retained, up to $30,000). Microenterprises may apply using small business criteria.

The program will be launched on Jan. 23 and will close on Jan. 27.

Click here for eligibility, timeline, required documents, and more.