GRAND RAPIDS, Mich. — Businesses in Kent County that have either been unable to get access or have been denied access to federal funds through the CARES Act have a new avenue for help.
The Kent County Small Business Recovery Program is designed to distribute funds from the CARES Act to businesses that have lacked access to the federal money. It is a partnership between Kent County and the Grand Rapids Chamber.
“This recovery program is another tool our small businesses can use to get through the COVID-19 crisis, said Kent County Board of Commissioners chair Mandy Bolter in a release.
Relief grants will be awarded amounting to $5,000, $10,000, $15,000 or $20,000, depending on the size of the business and other criteria, such as being a for-profit, private business that has not received COVID-19 related aid and having suffered losses due to the pandemic. The grants are intended for companies that employ 0-25 people full time .
The first round of applications will be opened June 22.
The initiative also provides technical assistance
“We know that the need for this additional funding is vast, and our team will be very intentional in ensuring that the entirety of Kent County will have the opportunity to engage, including our underrepresented communities.”