Grants for Small Businesses Recovering from COVID: Apply Now in Madison County

Madison County is proud to announce that it has been awarded a $1 million grant from the New York State Office of Community Renewal. This funding will provide grants of up to $75,000 for local small businesses recovering from the effects of COVID-19. The funds are intended to help small businesses with essential expenses, such as payroll costs and rent or mortgage payments, so they can continue operations and keep employees on staff during these difficult times.

The application process is open now, with applications due by August 31st, 2020 at 11:59 PM EST. All applicants must be located in Madison County and have fewer than 50 full-time equivalent employees (FTEs). Priority will be given to those who demonstrate need based on revenue losses caused by COVID-19-related closures or restrictions imposed since March 1st, 2020. Eligible expenses include payroll costs, rent/mortgage payments, and utility bills incurred between March 1st, 2020 through December 30th, 2021; however, other eligible uses may also apply depending upon individual circumstances outlined in the application guidelines available online here [insert link].

We encourage all eligible local small business owners within Madison County who have experienced financial hardship due to COVID-19 pandemic-related closures or restrictions imposed since March 1st 2020to take advantage of this opportunity for assistance provided through this generous grant award program funded by the New York State Office of Community Renewal. For more information about eligibility requirements please visit our website [insert link]or contact us directly via email at [insert email address].