Hamilton County’s Small Business Relief Program is offering monetary aid to local companies who have been affected by the COVID-19 crisis.
For the first round of assistance, the program will use $5 million from its CARES Act allotment to offer grants ranging from $2,500-$10,000.
The grants can be used to “pay the expenses of the business a) related to the costs of business interruption caused by required closures; or b) that the business faces due to its uncertainty as to its ability to pay due to the pandemic.”
According to the website, to be eligible for the grant, small businesses must align with a list of criteria which include: having 50 or less employees or 1099 workers as of March 22 this year; experiencing a 35% or more decrease in gross revenue or receipts due to the coronavirus when compared to the same period last year; being operational since January of 2019; and more. See the full list here.
The deadline to apply for the grants ends at 5 p.m. on May 27.
For more information, visit hamiltoncountyohio.gov.
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This article appears in May 6 – Jun 14, 2020.
