Our organization is assisting the City of Boonville in applying for grant funding for long-term economic recovery assistance to small businesses located within the corporate limits of the City.  The grant amount requested is $250,000. There is no local match requirement.

The purpose of the grant is to provide funds to small businesses to help retain low to moderate income (LMI) employees who have been affected by COVID-19. The community, not individual businesses, will be evaluated to determine if they meet specific LMI thresholds for eligibility.

ESTIMATED TIMELINE

First Public Hearing………… …..……….. February 10th, 2021

Grant Proposal Due…………………………. January 29th, 2021

Grant Application Due……………………… March 11th, 2021

Awards Announced…………………………..April 15th, 2021

Release of Funds……………………………. May 31st, 2021

BUDGET

OCRA Grant Funds for businesses……………..$243,750

Grant Administration………………………………….$6,250

TOTAL……………………………………………………$250,000

For questions or to submit comment(s) on this project, please email Steve Marchand at [email protected], at the Economic Development Coalition of Southwest Indiana.