Grant Funds Available for Small Businesses in the Evansville Region

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    Grant Funds Available for Small Businesses in the Evansville Region

    COVID-19 Response Program Phase 3 Grants

    MAY 1, 2023

     Four communities in the Evansville Region have received $250.000 in COVID-19 Response Program Phase 3 grant funds from the Office of Community and Rural Affairs (OCRA).

    The funds are to be used as working capital to offset financial impacts of the COVID-19 pandemic.

    Eligible communities include:

    • City of Boonville
    • Town of Newburgh
    • Town of New Harmony
    • Warrick County businesses/microenterprises not within the city or town limits of Boonville or Newburgh

    Applicants must satisfy the following:

    • Employed less than 100 FTEs prior to the COVID-19 crisis (no limit on PTEs); and,
    • Demonstrate that 51% or more of employees qualify as low-to-moderate income; and,
    • Demonstrate the direct correlation of their business disruption to COVID-19; and,
    • Registered and in good standing with the Indiana Secretary of State’s Office; and,
    • Primary office or place of business located within corporate boundaries of the applicable grant
    • Business must be in operation on or before June 1, 2022

    Program specifics:

    • Grants not to exceed $10,000 will be awarded on a first-come, first-served basis to eligible applicants while also assuring that all corners of the community are represented in the grant awards.
    • Employees are defined as those that receive a W-2 or 1099
    • Non-profit, seasonal, temporarily closed businesses or corporate franchises are not eligible

    Program timeline:

    Applications and documentation materials opened Monday, April 24, 2023, at 4:00 PM CT.

    Applications will close Monday, May 1, 2023, at 4:00 PM CT.

    If approved, applicants will be notified prior to Saturday, May 20, 2023