FOR IMMEDIATE RELEASE
November 18, 2020 More Grants to Help Oregon Small Businesses are on the Way Salem, OR — As the economic impacts of the pandemic continue, the Oregon legislature and Governor Kate Brown have allocated millions more in grant funding for Business Oregon to deliver into the hands of small businesses across Oregon. On Monday, November 9th, the Emergency Board of the Oregon Legislature approved $20 million more to Business Oregon’s Emergency Business Assistance Grant Fund. This funding and program are separate from the $55 million in funds the Governor also announced this week. This grant fund has already put approximately $25 million out into the community through four rounds of funding. The first four rounds were allocated from Business Oregon to intermediary lenders such as cities, counties, Community Development Financial Institutions (CDFIs), and Economic Development Districts (EDDs), who in turn granted the money to individual businesses. With this new round, Business Oregon is able to fund businesses directly. The grants are available to small businesses that have seen lost revenue due to the pandemic, and that meet a minimal set of requirements. “This funding is timely, as we face the sharp increase in COVID-19 under this new wave of the pandemic,” said Business Oregon Director Chris Cummings. “These grants can help our small business owners today, but to get back to business in the long haul we’ve got to do what it takes now to stop the spread of this virus.” This round makes some changes to previous rounds of grant funding under the program, so that more businesses can access the funds. Businesses with up to 100 employees can apply, whereas previous funding was limited to those with up to 25 employees, to ensure smaller businesses could access the funds first. Most previous rounds also targeted businesses that did not already receive assistance through the CARES Act (such as PPP, EIDL, City of Portland Small Relief Program, the Oregon Cares Fund for Black Relief + Resiliency and other programs funded with CARES Act funds). This round will now consider applications from businesses with 1 to 25 employees that have already received anywhere from $100,000 to $1 million in funding from these federal resources. Businesses with 26 to 100 employees are eligible regardless of the amount of federal resources they received (up to $1,000,000), if they meet other program requirements. Businesses are eligible to receive up to $200,000 in grant funding as detailed in the grant application. To be eligible, a business must show it was prohibited from operations by the Governor’s Executive Order 20-12, or demonstrate a 25% reduction in sales over a 30-day period in 2020 compared to a comparable period in 2019. Tomorrow, Thursday November 19, the application form and additional details will be found on Business Oregon’s website. If the application is not yet posted in the morning, a time estimate will be provided on the web page. Grants will be reviewed on a first-come first-served basis, and will be allocated so that there is an equitable geographic distribution of funds as dictated by the Oregon Legislature. The application portal will close once applications totaling $25 million in requested grants are received. Business Oregon will reopen the portal if any funds remain after reviewing those initial applications for eligibility. Additional resources and information on COVID-19 response can be found on the department’s website, and the Governor's COVID-19 web page has the latest guidance. Business Oregon, the state's economic development agency, invests in Oregon businesses, communities, and people to promote a globally competitive, diverse, and inclusive economy. The agency's services span rural community development and infrastructure financing; business retention, expansion and recruitment; export promotion and international trade; investments in industry research and development and entrepreneurship; small business assistance; and support for arts and cultural organizations. Learn more at www.oregon4biz.com. Media Contact: Nathan Buehler 503-689-3559 --- Business Oregon, the state's economic development agency, invests in Oregon businesses, communities, and people to promote a globally competitive, diverse, and inclusive economy. The agency's services span rural community development and infrastructure financing; business retention, expansion and recruitment; export promotion and international trade; investments in industry research and development and entrepreneurship; small business assistance; and support for arts and cultural organizations. Learn more at www.oregon4biz.com
4 Comments
Nath Mary
5/21/2022 09:22:48 am
I'm so happy to share this with you that can read / see this now. When I started trading binary and forex a few months ago, I really didn't have the necessary tools to trade and I lost a lot until I met Pablo Martinez who taught me all about market psychology as he managed my account for me. Today I am grateful to him for his great offer and help because it really changed my financial situation with an investment capital of $1500 and now I'm earning around $35,500 - $30,000 profits per week. Here is his WhatsApp no: +44 7520 636249 or his email address: pm7234029@gmail.com
Reply
Tucker Conrad
5/28/2022 07:22:18 pm
A GREAT SPELL CASTER (DR. EMU) THAT HELP ME BRING BACK MY EX GIRLFRIEND.
Reply
takimdivine43
6/2/2022 04:50:12 pm
I'm Takim Divine from the USA. I want to use this medium to thank the great man (DR. OWAN) for giving me herb which result to my pregnancy as well and now i'm starting my own family. You can contact this great doctor OWAN on;
Reply
Wilson Fox
6/9/2022 12:22:09 am
I suffered from what they called peripheral artery disease (PAD). I have been suffering for years, Me and my wife searched for a medical cure, and then we came across a testimony of a man who suffered the same and was cured by Dr Chief Lucky. So my wife and I contacted Dr Chief Lucky via an email and thank God he replied. I explained what was wrong and he sent me herbal medicines that helped heal me completely. I am happy to say that herbal medicine is the ultimate and Dr Chief Lucky I am grateful. You can contact him on his email: chiefdrlucky@gmail.com or whatsapp: +2348132777335, Facebook page http://facebook.com/chiefdrlucky or website https://chiefdrlucky.com/. Dr Chief Lucky said that he also specializes in the following diseases: LUPUS, ALS, CANCER, HPV, HERPES, DIABETES, COPD, HEPATITIS B, HIV AIDS, And more.
Reply
Leave a Reply. |
Categories
All
Archives
June 2022
|