New Grant Program Debuts to Assist Small Businesses Affected by COVID-19!!Date: 01/12/2023
Business Oregon has partnered with the CCD Business Development Corporationto offer $3 million in CDBG-CV Statewide Small Business and Microenterprise Grant Assistance (SBMA).SBMA grants will be awarded between $2,500 - $30,000 per business
Eligibility Requirements: A microenterprise (five or fewer employees) or small business (more than five employees) that:
- Was in business prior to March 8, 2019
- Can document COVID-19 impact (lost revenue, mandated closures, workforce issues, supply complications, etc.)
- Was generally stable/strong prior to the COVID-19 pandemic
- Has an owner and/or employees who meet low- and moderate-income (LMI) criteria
This program will launch on Monday, January 23, 2023, at 8:00 a.m. and will close on Friday, January 27, 2023, at 5:00 p.m. Applications for this grant program will be processed on a lottery basis.
To register and apply, visit www.ccdbusiness.org/oregonsbma.