Sponsoring Agency: City of Marietta
Type of Fund: Grant
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 04/30/2021
Size of the Fund: Less than USD $50,000
The City of Marietta, through the use of Community Development Block Grant – Coronavirus Response (CDBGCV) funds, has established the Small Business Relief Fund (SBRF).
The SBRF seeks to assist small businesses in avoiding job loss caused by closures related to the global pandemic by providing short-term working capital assistance to enable retention of jobs held by low-and moderate- income persons.
Furthermore, this funding can be used to help small businesses restart their operations after being closed for a period of time due to the coronavirus pandemic.
• Qualifying businesses can receive up to $3,000 in assistance from this program.
• A total of $84,000 is available in this assistance program. Applications will be reviewed and awarded on a first come first served basis until fund are exhausted.
Eligible Use of Funds
The following activities are eligible under this offer of assistance:
• Inventory and supply items necessary to safely re-open;
• Payroll expenses; Insurance expenses for employees;
• Rent or mortgage expenses;
• Other operating expenses including utilities, insurance, and professional services.
To be considered eligible for assistance through the SBRF, a small business must meet the following criteria:
• Be a private for-profit business located and operating within the corporation limits of the City of Marietta Ohio. (DUNS, EIN or Tax ID number required for verification.)
• Must employ no more than 20 Full Time Equivalent (FTE) LMI workers; however, priority will be given to businesses that employ no more than 10 FTE LMI workers. Priority will also be given to woman or minority owned businesses.
• Applicant/business owner must be 18 years of age or older.
• Business must have been in business for at least six-months as of March 1, 2020.
• Have been in good standing with the City of Marietta including current payment of any applicable fees and taxes prior to December 31, 2019.
• Must demonstrate benefits too low to moderate income populations in the City of Marietta:
o Applicant business owner must meet household LMI guidelines OR the applicant business must create or retain at least one (1) FTE W-2 position held by an LMI individual. If more than one job is created or retained, at least 51% of those positions must be held by, or available to, LMI individuals.
o LMI in this case is defined as salary or aggregated hourly wages that are equal to or less than $36,500 annually in Washington County Ohio for a single individual. LMI verification document is included with the application and must be completed.
• Applicant must certify that they did not receive additional assistance for the same purpose or loss from COVID-19 relief funding provided through the CARES Act including the Paycheck Protection Program (PPP), the Economic Injury Disaster Loan (EIDL) programs offered through the Small Business Administration or the Washington County CARES program.
More information at: https://buckeyehills.org/mariettasmallbiz