The Chamber has partnered with United State Small Business Association (SBA) representatives to present a FREE one-hour educational Q & A webinar on May 13 at 10 a.m., to provide an overview and details about the Restaurant Revitalization Fund, enacted to provide emergency assistance to eligible restaurants, bars and other qualifying businesses impacted by COVID-19.
The U.S. Small Business Administration (SBA) will open applications on Monday, May 3, 2021, at noon for the Restaurant Revitalization Fund. The online application will remain open to any eligible establishment until all funds are exhausted.
The Restaurant Revitalization Fund provides a total of $28.6 billion in direct relief funds to restaurants and other hard-hit food establishments that have experienced economic distress and significant operational losses due to the COVID-19 pandemic. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location.
For the first 21 days that the program is open, the SBA will prioritize funding applications from businesses owned and controlled by women, veterans, and socially and economically disadvantaged individuals. All eligible applicants are encouraged to submit applications as soon as the portal opens. Following the 21 days, all eligible applications will be funded on a first-come, first-served basis.
All registrants will receive a Zoom link to the virtual event with a confirmation.
To register and for more information on this event, and more, visit delawarecounty.org.
0 comments:
Post a Comment