Summit County small businesses who have been adversely affected by the coronavirus pandemic can now apply to receive $5,000 through the newly created COVID-19 Small Business Emergency Relief Grant Program.
To be eligible, a small business must be a for-profit enterprise with its principal place of business located in Summit County. It must employ a minimum of three and a maximum of 25 individuals for at least 20 hours per week, and at least 50% of the employees must be residents of Summit County.
Businesses must demonstrate a financial need and desire to continue operations by applying for a U.S. Small Business Administration’s Economic Injury Disaster Loan specifically related to the COVID-19 pandemic and/or another SBA loan program established to support small businesses in response to the COVID-19 pandemic.
Summit County Executive Ilene Shapiro in conjunction with the Greater Akron Chamber of Commerce, the City of Akron and JumpStart, and in collaboration and partnership with KeyBankBoost and Build Program, the new announced the new grant program on March 30.
The application period will remain open until 400 applications are received, at which point the program’s grant underwriting team will begin reviewing and approving eligible applicants.
For more information, visit www.gaccovid19.org/grantprogram or email firstname.lastname@example.org.