The Marshall City Commission approved the Small Business Grant Fund program to support local businesses that had adapted their operations in response to the COVID-19 pandemic.
Sponsoring Agency: City of Marshall
Type of Fund: Grant
Deadline Available: Not Available
Deadline Date (mm/dd/yyyy):
Size of the Fund: Less than USD $50,000
The Marshall City Commission approved the Small Business Grant Fund program to support local businesses that had adapted their operations in response to the COVID-19 pandemic.
The purpose of this grant fund is to help Marshall Small Businesses adapt their business model to changing business conditions because of the COVID-19 pandemic and retain many of these new innovative ideas beyond the pandemic as a business expansion opportunity. Funding for the program is provided to the City of Marshall through the U.S. Department of Housing and Urban Development's Community Development Block Grant.
This program is intended to reimburse local small businesses for the expense of purchasing equipment and supplies that enabled them to adapt to the changing conditions and provide products and services to their customers through state and federal regulations.
The program will be administered by the City of Marshall's Community and Economic Development Department.
Funding information
Qualifying businesses with 25 or fewer employees may apply for grants up to a maximum of $2,500 towards eligible expenses incurred starting March 1, 2020 with proper documentation of purchase.
Eligibility Criteria
• Eligible businesses include, but are not limited to, retail (storefront), food and beverage, mobile food (vendors), personal care (barbershop, nail salons, spas, etc., automobile maintenance, education/training, health/wellness, art galleries, gyms, and small manufacturing businesses.
• Businesses must have been open and operating by January 1, 2020 and have 25 or fewer employees.
More information at: https://www.marshalltexas.net/CivicAlerts.aspx?AID=62
Eligible Countries:
United States