Applications for the Small Business Resiliency Fund are Now Open!
The Small Business Resiliency Fund is a part of the District’s efforts to meet the existing and future COVID-19 related needs for District’s small businesses to help businesses continue operations while protecting people, assets and presence.
The Small Business Resiliency Fund will provide $3 million in emergency operational funding and will be open to small, local businesses in the District of Columbia with 50 or fewer employees and independently owned restaurants without regard to employee-size.
Grant monies may be used for:
- Business model strategy redesigning and pivoting
- Business continuity plan development
- Strengthening of digital retail experiences including complimentary e-commerce platforms and/or online shops to bolster brick-and- mortar business
- New marketing efforts
Personal protective equipment (PPE) and/or disinfection products.
- Be duly organized in the District of Columbia
- Have a facility located in within the District of Columbia;
- Have a current, active District of Columbia business license and Certificate of Occupancy;
- Have or attain a Clean Hands from the DC Office of Tax and Revenue before grant funding;
- Have been revenue-generating for at least three (3) months prior to the declaration of the COVID-19 Response Emergency Amendment Act of 2020;
- Derive at least 51% of its gross receipts from the District of Columbia;
- Generate less than $3,000,000 in gross receipts;
- Demonstrate a loss of revenue of 25% or more;
- Grant funds will be used for business model restructuring, business continuity plan development, related COVID-19 marketing expenses, and the purchase of personal protective equipment (PPE), and/or disinfection products for the business;
- Businesses receiving grant funds must comply with local and federal guidelines for operating their businesses (social distancing guidelines, disinfection protocols, occupancy restrictions, and so forth); and,
- Submit a W-9 form (if awarded).
To apply: https://bit.ly/2Fg0fFX
For more information visit: coronavirus.dc.gov