Stanislaus County Business Grant Program
The business revitalization and economic development support funding allocated through the CARES Act Coronavirus Relief Funds (CRF) is an investment strategy in local businesses and non-profit organizations intended to stabilize the small business economy and secure the ongoing operation of non-profit services critical to community support and economic recovery in Stanislaus County.
On July 14, 2020, the Stanislaus County Board of Supervisors approved $10 million in CARES Act CRF for the Stanislaus County Business Grant Program.
The Stanislaus County Business Grant Program funds will be allocated to eligible and qualified businesses based on weighted program criteria. Applications and supporting documentation will need to be submitted for review and approval. Navigation services or technical support will be available through Community Based Organizations (CBOs) and other partners that provide support to those eligible businesses needing assistance in completing the application process by the specified deadline.
All grants will be awarded based on weighted program criteria in the following areas: (1) prior business health, (2) COVID-19 impact, and (3) business planning/impact.
To demonstrate eligibility, businesses must meet the following requirements: Must be a for-profit, independently owned business geographically located within the borders of Stanislaus County.
Must possess a current city, county, or state license or permit to operate.
Must provide documentation proving at least 12 consecutive months of operation. Businesses not in existence for 12 months can request an exception but will be required to submit additional financial information to demonstrate viability.
At least 50% of the available funds are for small businesses that employed up to 50 full-time employees (FTE) for 12 months prior to the COVID-19 pandemic. Maximum grant funding amount of $25,000
Medium/large businesses that employed >50 full-time employees for 12 months prior to the COVID-19 pandemic are also eligible. Maximum grant funding amount of $50,000
Must not have engaged in any illegal activity per local, state, or federal regulations, with federal regulations taking precedence over local or state regulations.
Funds shall be used for operational needs such as payroll, lease/mortgage payments, materials, supplies, and services.
The following businesses will not be considered eligible under guidelines of this program: lending and investment institutions, insurance companies, and corporate-owned national chain business/stores.
The application period is open on Friday, July 31, 2020 at 8:00AM PDT and scheduled to close on Friday, August 28, 2020 at 5:00PM PDT.
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