NASHVILLE, Tenn. — Point out officers say a new grant for modest corporations struggling during the COVID-19 pandemic is now offered.
Gov. Invoice Lee, along with the Fiscal Stimulus Accountability Team, introduced an initial $50 million in Coronavirus Aid Resources for the Supplemental Employer Recovery Grant.
The grant will include things like specific assistance for enterprises that are minority-owned, women of all ages-owned, veteran-owned or disabled individuals-owned, in accordance to a information release from the Governor’s Office environment.
“Small enterprises are the backbone of our economic climate and supporting them by these difficult occasions has been one of the core missions of the Money Stimulus Accountability Group,” reported Gov. Lee. “The SERG plan will offer more reduction to compact corporations, particularly those who may not have been capable to accessibility prior federal and point out relief money.”
Both equally businesses and non-gains can apply for the grant from Oct 7 to December 29, according to the launch. The condition says the grant will be presented on a initially arrive, very first serve basis till funds run out.