ASHLAND, Va.-- Two new grant programs have arrived in Ashland. City officials created the Business Recovery Grant and the Non-Profit & Business Support Organization Grant to help support local businesses impacted by COVID-19.
"We knew there are so many businesses and nonprofits that were just struggling through all this," said Matt Reynal, Assistant Town Manager of Ashland. "We're here to work with everybody, no matter if it's a nonprofit organization or business."
Reynal said both grants award up to $10,000. But if applications reach their cap limit, they will re-evaluate to make sure everyone in need is able to receive funds while they last.
"So if we receive more than 45 applications, the applicants will reduce the grant down to $7,500, but that still gets $7,500 into their pockets or into the businesses so they can cover their needs. And the same very similar with a nonprofit grant," said Reynal.
-Show how COVID-19 caused a 25% reduction in monthly gross revenue
-Prove an increase in operational costs due to the pandemic
-Proof of paying taxes
-Requires a business license
Applications will be accepted until September 30. Awarded applicants will be notified on October 5.
Applications submitted before or on September 24 will receive feedback from town staff, for any help in the process.
For more information, click here.
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