LISC: Rural Relief Small Business Grants
LISC seeks to support small businesses and enterprises affected by COVID-19 across the country. Priority will be given to entrepreneurs of color, women-owned, and veteran-owned businesses and other enterprises in historically under-served places who don’t have access to flexible, affordable capital.
Grants will be provided to businesses facing immediate financial pressure because of COVID-19. Awardees will have to certify that they are promoting the best interests of the community and are negatively impacted by the COVID-19 crisis. The grant may be used for:
* Payables to include rent and utilities
* Meeting payroll (to include the applicant)
* Paying outstanding debt to vendors
* Other immediate operational costs
Amount: $18,000,000 is available to make up to 900 grants that range from $5,000 to $20,000.
Eligibility: Applicants must be 18 years of age and may apply for one business only. Small businesses must be located in rural communities with populations of 50,000 or less. A community is defined as the city/town/village where the business address is located. If the business is mobile (a food truck, fishing boat, ride share driver, etc.), use the address where the vehicle is stored during non-business hours.
Deadline: Applications will be accepted in rounds, as follows:
* November 26 – December 2, 2020
* December 29, 2020 – January 5, 2021
* January 26 – February 2, 2021
|Funder||Local Initiatives Support Corporation (LISC)|
|Eligibility||For Profit Organization|
|Sector||COVID-19 Emergency Response, Economic Development/Job Training|
|Deadline||February 2, 2021|