Small Business Relief Micro Grant Applications Deadline Approaches
The COVID-19 pandemic has impacted several small businesses, especially in Prince William County. However, the Prince William County Economic Development is looking to help both small businesses and non-profits with the Small Business Relief Micro Grant.
The Small Business Relief Micro-Grant Program provides financial grants of up to $50,000 to qualified Prince William County small businesses and non-profits impacted by the COVID-19 pandemic. The grants will assist eligible businesses in maintaining operations and can be used for ongoing expenses such as payroll, rent and insurance. Grant recipients can also use funds to purchase e-commerce equipment or expand websites and online sales capabilities.
According to the website, only businesses that have not received a Small Business Relief Micro-Grant from PWC will be eligible. Grant amounts are determined based on the following:
- $2,500 – Non-profits and Home-Based businesses
- $7,500 – Businesses with 1-20 employees
- $10,000 – Businesses with 21-50 employees
- $25,000 – Businesses with 51-100 employees
- $50,000 – Businesses with 101-250 employees
The application deadline for these micro grants is 11:59pm December 1, 2020. The website provides details on how to apply as well as the eligibility requirements. For more information, including on how to apply, click here.
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