Funding available for Small Businesses impacted by Pandemic in Florida
Description
The City of Port St. Lucie, in partnership with the Florida Small Business Development Center at Indian River State College, launched the COVID-19 Small Business Grant Program to support eligible businesses financially affected by the pandemic.
Donor Name: City of Port St. Lucie
State:
County: All Counties
Type of Grant: Grant | Reimbursement
Deadline: All Time
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
The Port St. Lucie COVID-19 Small Business Grant Program is designed for low- to moderate-income Census tract areas or individual business owner(s) whose household income qualifies as low or moderate income. Applications from small businesses that have not received prior COVID-19 relief funding will be prioritized.
The City had a total of $390,000 available to expend on grants of up to $10,000 per approved applicant. As of mid-March, 23 applicants had been approved for grants, leaving a total of approximately $165,000 remaining.
Eligible small businesses may receive up to $10,000 in the form of a reimbursement grant, which can be used for business-related expenses, including mortgage, rent, utility, insurance premium costs, reopening costs, costs for safety measures and payroll during a business closure. The City received funds for the COVID-19 Small Business Grant Program from FloridaCommerce through its Community Development Block Grant Coronavirus Program.
Eligibility Criteria
To apply, applicants must:
Have between 0-50 employees.
Have been in operation before the COVID-19 pandemic or before March 1, 2020.
Be located within a qualified low- to moderate-income Census Tract (QCT) or the owner of the business must qualify as a low- to moderate-income household within the City.
Be current on their federal, state, county and city taxes.
Have been impacted by the COVID-19 pandemic.
Be registered with the Florida Division of Corporations.
For more information, visit City of Port St. Lucie.