The Office of Community and Rural Affairs Announced $1,900,000 in COVID-19 Business Relief grants for our Region. The summary is listed below. Great work team!
- The City of Boonville is awarded $250,000 to provide $10,000 grants to businesses located in the city to retain LMI employees.
- The City of Mount Vernon is awarded $250,000 to provide $10,000 grants to small businesses retaining full-time LMI employees.
- The Town of Fort Branch is awarded $250,000 to award grants in the amount of up to $10,000, to businesses located in the town limits, to retain full-time LMI employees.
- The Town of Haubstadt is awarded $150,000 to help local small businesses with 25 employees or less to continue operating during the COVID-19 pandemic.
- The Town of New Harmony is awarded $250,000 and will be awarding economic development grants, of up to $10,000 per business applicant, to provide an infusion of operating capital and to retain full-time LMI employees.
- Gibson County is awarded $250,000 and intends to award grants in the amount of up to $10,000 to businesses retaining LMI employees.
- Posey County is awarded $250,000 to award grants of up to $10,000 to businesses, located in the corporate limits of Posey County, to help retain full-time LMI employees.
- Vanderburgh County is awarded $250,000 to provide grants up to $10,000 (each) for small businesses located within Vanderburgh County, but excluding the City of Evansville. The City of Evansville is an entitlement community (metropolitan cities with populations of at least 50,000) and receives a direct allocation of funding. Funding outside of entitlement communities is distributed through the Office of Community and Rural Affairs through competitive programs like this one.
This is Phase II of the program and Oakland City, Poseyville, Princeton, Newburgh and Warrick County were awarded $950,000 in Phase I. This brings our COVID-19 Business relief grants total to $2,850,000! Congratulations to all the community leaders!! We appreciate your support of our team.
More information about how businesses can apply for this funding will be shared on the Economic Development Coalition of Southwest Indiana’s website at https://www.southwestindiana.org/covid-19-grants/ as well as through the communities.