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

Resource Information
Funder Local Initiatives Support Corporation (LISC)
Eligibility For Profit Organization
Resource URL: https://www.lisc.org/covid-19/small-business-assistance/rural-relief-small-business-grants/
Sector COVID-19 Emergency Response, Economic Development/Job Training
Grant Amount $5,000-$20,000
Deadline February 2, 2021