EVANSVILLE DMD ANNOUNCES COVID-19 ASSISTANCE AVAILABLE TO SMALL BUSINESSES
More financial assistance will soon be available to local small businesses and entrepreneurs adversely affected by the coronavirus.
The City of Evansville is one of six Indiana communities to receive a CARES Act Recovery Assistance grant from the U.S. Department of Commerce’s Economic Development Administration (EDA).
Upon receiving the $550,000 grant, the Department of Metropolitan Development (DMD) will administer Revolving Loan Funds to small businesses and entrepreneurs within the City.
“Local small businesses are continuing to face challenges during the coronavirus pandemic,†said Mayor Lloyd Winnecke. “Thanks to our federal partners, we’ve been able to provide much-needed assistance as we reopen our local economy.â€
Last week, U.S. Secretary of Commerce Wilbur Ross announced $16 million in grants across the state.
Other Communities Receiving EDA Investments Include:
The City of South Bend
The City of Fort Wayne
The City of Kokomo
Northwestern Indiana Regional Planning Commission (Lake, Porter, and LaPorte counties)
The City of Scottsburg
For inquiries, contact DMD Executive Director Kelley Courses at kcoures@evansville.in.gov or 812-436-7823.
