City of Powder Springs seeking Applications for Small Business Grant Program
The Powder Springs Small Business Grant is a business assistance program offered by the City of Powder Springs to offset the economic impact to small businesses as a result of the COVID-19 pandemic.
Introducing to a New World of Grants, Donors, Proposals and How to Apply Resources
Use this 50% discount offer to access the best fundraising features all at one place. One website, one login and you get access to information about grants and donors plus how to apply for funds successfully. Click here for your 50% discount.
During the second round of applications, eligibility has expanded to provide grant funding of up to $5,000 to for-profit businesses and 501 (c) (3) organizations with less than $5 million in estimated annual gross receipts that demonstrate a financial disruption of 10% or more due to COVID-19. Businesses will also demonstrate how operating assistance provided will enable the business to continue to operate. The total funding for this program is limited to $400,000. As the City is utilizing federal CARES Act funding for the grant, all operating assistance must be compliant with federal regulations.
Grant funds may be used for the following:
PPE and other supplies/costs to ensure employee and customer safety;
Rehiring and/or maintaining full time W-2 or 1099 employees.
All Fundraising Features at one place
Early grant information, specific grant alerts by email based on your country/themes, search donors, view sample proposals, download knowledgeable ebooks, funding calendar, grants map and training videos. Join Premium at half the price.
Business must have their primary location/headquarters in the city limits of Powder Springs (franchisees may apply if the business is wholly owned by an individual).
Business may be home-based or commercial business; or be a 501 (c) (3) organization.
Business must have a current City of Powder Springs business license and be current on all City taxes and permits.
Business must have been in continuous operation for a minimum of 1 year prior to March 1, 2020.
Business has estimated annual gross receipts under $5 million.
Business must show financial disruption of 10% or greater .
Businesses may apply for the Powder Springs Small Business Grant program if they have received CARES Act funds through other programs, including the U.S. Small Business Administration Paycheck Protection Program or the Select Cobb Small Business Grant program. However, if awarded, recipients may not use grant funds for expenses that have already been covered through other programs.
For more information, visit https://www.cityofpowdersprings.org/830/Small-Business-Grant-Program