Shuttered Venue Operators Grant Offered

SBA
SBA

The Shuttered Venue Operators Grant program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act, and amended by the American Rescue Plan Act.

The program includes over $16 billion in grants to shuttered venues to be administered by the US Small Business Administration's Office of Disaster Assistance.

Eligible applicants may qualify for grants equal to 45 percent of their gross earned revenue with the maximum amount available for a single grant award of $10 million.

$2 billion is reserved for eligible applications with up to 50 full-time employees.

Applications open April 8.

Find more information HERE.

(Information courtesy Russell County Economic Development and CVB.)