COVID Relief Grants Still Available To Small Biz In Middlesex

EAST BRUNSWICK, NJ – Greater than $19 million remains to be out there in grants for small companies in Middlesex County who suffered losses due the coronavirus pandemic.

The Small Enterprise Aid Grant (SBRG) program awards companies within the county with funds to reimburse lack of income and different prices related to adapting enterprise operations as a consequence of COVID-19.

The deadline to use for the following spherical of funding is Dec. 30.

“As the top of the county’s Financial and Enterprise Growth workplace, I work every single day with small enterprise house owners. From contacting them and inspiring them to use, to working with them step-by-step to finish the applying, I witness firsthand the impression this pandemic has had on our small enterprise neighborhood,” Carla Cefalo, division head, Middlesex County Financial and Enterprise Growth mentioned in an announcement.

SBRG makes use of funds from the federal CARES Act.

Within the newest spherical of funding awarded Nov.30, companies obtained grants starting from $1,018 to $30,000, with a mean grant cost of $26,030.

Recipients included eating places, hair and nail salons, retail amenities, healthcare places of work, manufacturing, development, instructional providers, transportation corporations and health studios.

Middlesex County introduced its first spherical of funding in October. Over $Three million in grants got to 123 companies in 22 municipalities. In November, 140 companies obtained a complete of $3,572,882 within the second and third rounds of funding.

“I wish to thank all of our small companies for persevering with to serve the neighborhood throughout this time. As a County, we’re dedicated to serving to you keep afloat as you navigate the challenges and modifications this pandemic has introduced,” Freeholder Leslie Koppel, chair of the Finance Committee, mentioned in a media launch.

There’s nonetheless time to use.

To be eligible for the grants, companies should make use of fewer than 50 workers, should have an web annual earnings of lower than $1,000,000, based mostly on their 2019 federal tax return. They need to doc enterprise interruption in addition to loss on account of the pandemic.

Yow will discover extra data on the grant utility right here: https://ift.tt/317np9e.

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