Pulaski County Supervisors to again increase funding to Small Business Recovery Grants in response to COVID-19

Pulaski County Supervisors to again increase funding to Small Business Recovery Grants in response to COVID-19

Board Providing an Additional $125,000.00 to provide 25 more Grants of up to $5,000.00 to Help Pulaski County Small Businesses with their Response to COVID-19

 

October 9, 2020, the Pulaski County Board of Supervisors will once again be allocating additional funding in the amount of $125,000.00, for a total amount of $750,000.00 to their Pulaski County Small Business Recovery Grant Program to further support 25 more local small businesses with recovering from the comprehensive impacts of the COVID-19 pandemic and to assist them with expenses in response to COVID-19.  This allocation will take the program’s maximum capacity to 150 – $5,000.00 grants.

The Small Business Recovery Grants are available in amounts ranging from $1,000.00 to $5,000.00 through a direct application on a first-come-first-serve basis for registered small businesses located in Pulaski County, who have 25 employees or less, are in good standing with the State Corporation Commission and/or local business licensures (if applicable), and are up to date on all Pulaski County taxes, charges and fees.

The grants are easily applied for through a simple two-page application comprised of only nine questions and a written summary of how your business has been impacted by COVID-19.  Approved expenses that have occurred after March 1, 2020, and before December 30, 2020, are items such as:  rent/mortgage, payroll, employee benefits, reopening costs, utilities, marketing, vendor payments, equipment purchases, personal protective equipment (PPE) and supplies and new software.  A W-9 must be completed and attached to all applications.

The County of Pulaski is administering this program. Forms can be downloaded from the Pulaski County website at:  www.pulaskicounty.org  Applications will continue to be accepted on a first-come-first-serve basis.  The entirety of the program is now funded at a level of $750,000.00 through a CARES Act appropriation to Pulaski County, Virginia.  The Pulaski County Small Business Recovery Grant Program will now conclude on October 30, 2020, or at which time the funds for the program have been depleted.