Our organization is assisting Warrick County in applying for grant funding for long-term economic recovery assistance to small businesses located within the corporate limits of the County. 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…………………..………..TBA
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.
