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Monterey County: CARES Funding for Small Businesses Nov 2-15

Monterey County CARES funding for small business. Accepting applications Nov 2 to 15, 2020.
November 3, 2020

GRANTS OF UP TO $10,000 AVAILABLE FOR SMALL BUSINESSES – APPLICATION OPENS NOVEMBER 2

The Monterey County Workforce Development Board (MCWDB) will  administer the Monterey County CARES Small Business Relief Program (SBRP) on behalf of the County Board of  Supervisors in order to make grant funding available to small businesses throughout Monterey County that have  suffered financial losses due to COVID-19. The funding is made possible through the CARES Act (Coronavirus Aid,  Relief, and Economic Security Act) established by Congress following the coronavirus pandemic that struck the  United States in March 2020.  

Grants of up to $10,000 will be awarded to 40-50 small businesses that are operated and headquartered in  Monterey County, have no more than 50 full-time equivalent employees, and have experienced economic  hardship since the shelter-in-place order effective March 18, 2020. Businesses located in unincorporated areas, in  industry sectors disproportionately impacted by the crisis, or who have not previously received COVID-19-related  financial assistance will be given priority, however these are not requirements. Grant funds awarded to qualified  businesses may be used for reimbursement of payroll and rent/lease expenses incurred during the period of  economic impact and equipment/supplies purchased in order to reopen or continue operating safely (such as  Personal Protective Equipment or outdoor dining equipment). 

Applicants should review the SBRP Fact Sheet for more information to ensure eligibility before completing the  online application, which will be available on the MCWDB website (click here) from November 2 – 15, 2020. Small  business applicants will be notified of their awards by November 20, 2020.  

For more information, go the https://www.montereycountywdb.org/ or contact the Monterey County Workforce  Development Board by email at mcsbg@co.monterey.ca.us .

Full Press Release (Click Here)
 

Monterey County CARES funding for small business. Accepting applications Nov 2 to 15, 2020.

Monterey County CARES funding for small business (flyer in spanish). Applications Nov 2 to 15, 2020.