| From The Dalles Chamber of Commerce: Business Oregon has partnered with CCD Business Development Corporation to administer a limited amount of funding for a new $3 million Small Business and Microenterprise Grant Program (SBMA). • This program is funded from Oregon’s Community Development Block Grant CARES Act allocation, for communities affected by COVID-19. • Video tutorials, including helpful tips, are available • Google Translate is available on the application, registration, and program webpages for non-English languages • CCD Business Development Corporation is available at 1-888-263-0971 or https://www.ccdbusiness.org/oregonsbma for assistance. Program Details: Eligibility A microenterprise (5 or fewer employees) or small business (5-1,500 employees) that: • Was in business prior to March 8, 2019 • Can document COVID-19 impact (lost revenue, mandated closures, workforce issues, supply complications, etc.) • Was generally stable/strong prior to the COVID-19 pandemic • Has an owner and/or employees who meet low- and moderateincome (LMI) criteria Grant Limits Grant sizes will be between $2,500 – $30,000 per business: • Microenterrprise whose owner is LMI can qualify up to $10,000 • Small business can qualify for $2,500 per LMI employee retained up to $30,000 Timeline Applications will be processed on a lottery basis at the time of application closure: • Applications open Monday, January 23, 2023 • Applications closed Friday, January 27, 2023 • Awards expected mid-February, 2023 • Funding expected early March, 2023 Required Documents: For the business: • 2019, 2020, and 2021 Business Federal Tax Return or Full Personal Tax Return if filing a Schedule C • 2022 Business In-House Profit and Loss Statement (from January 2022 – October 2022) • Copy of current, filed organizing documents (Articles of Incorporation, Articles of Organization, or Partnership Agreement) • Business NAICS Code • Unique Entity ID in SAM.gov • Most recent Oregon Form 132 Quarterly Filing, or two consecutive pay stubs for each qualifying employee (if certifying based on LMI employees) For all 20% or more business owners: • 2021 Personal Federal Tax Return • Copy of valid Driver’s License • Statement of Experience or Resume • Personal Financial Statement • Duplication of Benefits Certification including list of assistance/aid APPLY HERE: Complete your online application at: https://www.oregon.gov/biz/programs/SBMA/Pages/Default.aspx Call: 1-888-263-0971 Email: [email protected] |
Statewide Emergency Small Business & Mircoenterprise Grant Program
