The program will provide grants to approved entities with the capacity to deploy rapid response grants to businesses opening locations in vacant commercial spaces. The grants are to assist the business with costs associated with leases, mortgages, operational expenses and other business costs related to the newly opened location. Grants to businesses provide immediate recovery funding from the American Recovery Plan Act (ARPA) and lead to improved odds of a business opening or expanding and remaining open long-term.
The latest on federal relief for small businesses
COVID-19 Loans & Grants
As developments continue to unfold in response to the spread of COVID-19, we know many small businesses have questions about implications in the workplace and funding options to help bolster their businesses during this difficult time. We are compiling relevant tips and resources and information on new funding opportunities and policy developments that we are sharing on our website and through online presentations. We will be posting daily updates to this page with useful information about the ways small businesses can prepare for the impact of COVID-19 on their business and community.
Wisconsin Economic Development
Wisconsin Tomorrow Main Street Bounceback Grant
Area served: Wisconsin Audience: Small Business Owners, Non-profits
City of Scranton Pennsylvania
Scranton Small Business Grants
Businesses must be in a qualifying Low-to-Moderate service area within the City of Scranton. Grants up to $5000.
Area served: Scranton, Pennsylvania Audience: Small Business Owners
Impact 30 AEO
Fiserv Back2Business Program
Must be a Black or minority owned small business located in Nebraska or specific zip codes in Iowa. Grants of $10,000.
Area served: Iowa, Nebraska Audience: Small Business Owners
Founders First CDC
Chicago Job Creators Quest Grant
A total of $100,000 will be awarded to 30 businesses in Chicago. Must be located in the state of Illinois and have a current staff of 2-20 employees. Will have the ability to add 1-2+ net new premium wage jobs in the next 12 months. Must be a service-based business and at least one revenue stream serving other businesses. Must be a for-profit company with annual revenues between $100K and $3 million.
Area served: Illinois Audience: Small Business Owners
New York State
Empire State Development Corp.’s COVID-19 Capital Costs Tax Credit Program
Individual businesses can apply for tax credits of up to $25,000, which may cover up to half of qualified, pandemic-related expenses. Qualifying expenses include supplies or upgrades related to health and safety, including disinfectants, new HVAC equipment, touchless kiosks, and outdoor-space expansions.
Area served: New York Audience: Small Business Owners
State of California
California Paid Family Leave Grant
Grants for small businesses in California with 1-100 employees who have at least one (1) employee utilizing California’s Paid Family Leave program (on or after June 1, 2022). Funding up to $2000.
Area served: California Audience: Small Business Owners
West Virginia Economic Development
West Virginia STEP Program
West Virginia is proud to offer grant assistance to small businesses looking to enter or expand in the global marketplace through the U.S. Small Business Administration’s State Trade Expansion Program (STEP). The West Virginia STEP consists of $300,000 in funding available from October 1, 2022 to September 29, 2024.
Area served: West Virginia Audience: Small Business Owners
The City of Morgantown
Morgantown Small Business Assistance Grant
For the Small Business Assistance Grant, businesses must be located in Morgantown city limits, and priority will be given to those in the downtown and wharf districts. Grants up to $20,000.
Area served: Morgantown, West Virginia Audience: Small Business Owners
Clear Creek EDC
Region 3 CDBG Business Loan Program
The CCEDC administers the Region 3 Business Loan Program (BLF) for Clear Creek and Gilpin Counties. Since 1985, the CCEDC has provided over $8M in business loans, which has leveraged approximately $17.5M in area investments. The goal of the loan program is to support business retention and expansion and new job growth within Region 3. Loans are generally between $2,000 and $200,000 but will be considered on a case by case basis. CCEDC loans may be used for the purchase of real estate, furniture, fixtures, and equipment, working capital, and inventory.
Area served: Colorado Audience: Small Business Owners
Sierra Business Council
Resilience Fund – Sierra
Eligible small business owners with fewer than 25 employees within the Tahoe-Truckee Airport District who have been affected by the COVID-19 pandemic. Eligible businesses must have a “brick-and-mortar” physical presence and fixed expenses. This includes retailers, restaurants, providers of specialty goods and services, and other storefront operations.
Area served: Truckee and North Lake Tahoe, California Audience: Small Business Owners