Up to $3 Million Available in New ARPA Small Business Grant Programs

The American Rescue Plan Act has already awarded millions of dollars in pandemic relief to communities across the country. Some of that money has already supported local small businesses. And cities and counties continue to make this funding available through new grant programs. This week, several cities announced new options, from Cambridge, Massachusetts to Aurora, Colorado. Read below about the latest grant opportunities for small businesses.

Norcross ARPA Small Business Grant Program

Norcross, Georgia has partnered with Access to Capital for Entrepreneurs (ACE) to launch the city’s new Small Business Grant Program. The program includes $600,000 in funding from the American Rescue Plan Act to support pandemic recovery efforts. Qualified Norcross Small Businesses can apply for grants of various amounts to cover operating costs or upgrades related to pandemic recovery or employee retention. The deadline to apply is June 2.

Initiative Central Minnesota Grants Foundation

The Initiative Foundation is supporting small businesses in central Minnesota through a new grant program. The program includes $500,000 funded by the Otto Bremer Trust. And eligible companies can apply for grants of up to $10,000. The program is designed to help micro-enterprises with five or fewer full-time employees. Eligible expenses include costs related to pandemic-related disruptions and losses. The program also prioritises businesses opening shortly before the pandemic, businesses in rural areas, businesses not supported by other aid programs, and businesses owned by women, veterans, and community members of color. The registration period closes on June 10.

Bay County Small Business Grant Program

The Bay County Small Business Grant Program in Michigan provides $1 million in American Rescue Plan Act funds to local small businesses. The reimbursement program is open to for-profit companies with a physical location in Bay County and between 2 and 50 employees in total. Companies must also demonstrate the negative effects of the pandemic. Eligible companies can apply for grants of up to $20,000 between now and May 31.

Belton Small Business Grants

Belton, Texas is providing $850,000 in American Rescue Plan Act funds to local businesses affected by the pandemic. To be eligible, companies must currently be operating with a physical location in Belton and fewer than 100 employees. Grants can cover between $5,000 and $20,000 in pandemic-related costs. June 3 is the deadline for submission.

Cambridge Small Business Relief Grants

Cambridge, Massachusetts recently announced a new round of small business grants. The fund includes more than $2 million to support pandemic recovery efforts. The last round was dominated by restaurants and nightlife. But this one will provide financing to a wider range of businesses. Funded through the American Rescue Plan Act, the program is open to companies with 50 or fewer full-time employees that have been negatively affected by the COVID-19 pandemic. Eligible companies can apply for up to $10,000 by the May 31 deadline.

Aurora Safety and Security Grant Program

Aurora, Colorado offers grants to improve safety and security at local small businesses and community organizations. The program includes $3 million to fund safety and security upgrades such as lighting, alarms and new entry doors. Eligible businesses and organizations must undergo a safety and security assessment with the Aurora Police Department and then work with city-approved installation contractors. Grants will be awarded on a first-come, first-served basis with a deadline of June 30.

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This post Up to $3 Million Available in New ARPA Small Business Grant Programs was original published at “https://smallbiztrends.com/2022/05/new-arpa-small-business-grant-programs-may-2022.html”

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