If you are the owner of a Northampton County small business enterprise that has endured economic hardship due to the COVID-19 pandemic, you could be suitable to acquire a Modest Business enterprise Aid Application grant of up to $15,000.
The county just lately partnered with the Bigger Lehigh Valley Chamber of Commerce (GLVCC) to encourage another round of relief grants, which were being initial provided very last 12 months.
In June, Northampton County Council accepted a resolution to generate a new economic aid program, which will distribute $15 million in American Rescue Strategy (ARP) funding to firms in the county with 100 or much less staff.
As of Monday, ARP little enterprise grants totaling $2,984,161.53 experienced been awarded to 209 Northampton County organizations considering that June, claimed director of the Northampton County Division of Local community and Economic Advancement (DCED) Tina Smith.
In addition to currently being bodily primarily based in Northampton County and currently operating–or with a clear reopening plan–businesses will have to satisfy a variety of eligibility guidelines in get to qualify for the grants.
Grant funding may possibly only be made use of to cover particular fees, such as payroll, gain costs, personnel retention charges, home loan, rent, utility payments and other operating expenses.
Businesses that obtained a grant below the Northampton County COVID-19 Aid Smaller Small business Grant Program amongst March 1 and Dec. 30, 2020 are not at the moment qualified to utilize for this round of funding, even though Smith said they will be commencing in August.
Grants ought to be made use of to include company costs not beforehand lined by other aid steps, such as condition grants or loans, Tiny Company Administration Paycheck Security (PPP) financial loans and area/regional grant and/or mortgage courses.
An overview of the little business enterprise aid application alongside with total eligibility and other recommendations plus the application kind might be found on the web on the GLVCC site.
There is an Aug. 31, 2021 deadline for small enterprises to use for a grant.
After programs are acquired, the Northampton County DCED in partnership with the Bigger Lehigh Valley Chamber of Commerce is processing them on a rolling foundation.
Grant purposes are then reviewed by a committee built up of Northampton County Administration customers, Northampton County Council customers and staff from the Increased Lehigh Valley Chamber of Commerce, whose customers will make funding suggestions to Northampton County Govt Lamont McClure.
“Priority will be given to organizations that have not received other point out or federal COVID-19 grant guidance and/or funding,” in accordance to the GLVCC application overview.
McClure will make the final recommendations for the grant awards to Northampton County Council, which will then take into account each software for acceptance or denial.
“The outcomes of the pandemic go on to reverberate by way of our economic climate,” McClure explained in a statement. “I really encourage any smaller small business in Northampton County having difficulties from the effects of COVID-19 to use for a tiny business aid grant. Small businesses present positions and produce essential serves to our people and we want to retain people enterprises balanced and thriving.”
Last yr, more than 750 small organizations in Northampton County acquired COVID relief grant funding that totaled more than $10.1 million, according to McClure’s deputy director of administration, Becky Bartlett.