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Tuesday, July 07, 2020

Two Grant Programs Available For NorCo Small Businesses

On Thursday night (July 2), Northampton County Council approved a mechanism for $4 million in grants to small businesses (less than 100 employees), capped at $15,000. But there's actually a second grant program as well, administered by Rising Tide for the state Department of Community and Economic Development.

Rising Tide Grant Program. - These grants, ranging from $5,000 to $50,000, are for businesses which impacted by the COVID-19 outbreak, but missed out on the funding offered through previous programs. To be eligible, a business must be physically located, certified to do business and generate at least 51% of its income in Pennsylvania. It must have an annual revenue of up to $1 million prior to and twenty-five or fewer full-time employees prior to February 15, 2020. Businesses owned and operated by low and moderate income people and re located in areas of need or are the types of businesses most impacted by the economic shutdown will be prioritized. Additional consideration will be given to businesses which are owned by women or located in communities targeted for business investment by the state government. Fifty percent of the grants will be awarded to Historically Disadvantaged businesses (i.e. at least 51% owned and operated by Black, Hispanic, Native American, Asian American or Pacific Islander).

Applications are being accepted through July 14.

NorCo Grant Program. - These grants, as noted above, are for businesses with 100 or less employees and are capped at $15,000. The application will be available within the next two weeks on the websites for Northampton County’s Department of Community and Economic Development (https://www.northamptoncounty.org/CMTYECDV/Pages/Apply-for-Funding.aspx) and the Greater Lehigh Valley Chamber of Commerce (https://www.lehighvalleychamber.org/)

Membership in the Chamber is not required to apply for a grant.
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1 comment:

  1. AnonymousJuly 8, 2020 at 12:21 AM

    Heckman was always a peacock, even when he was DHS director. He thinks he knows it all. Bernie was smitten by him, but now sees his true colors. This is the most dysfunctional council in county history. Left wing crazies led by despot. Only in the Republic of Northampton!

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