ARROYO GRANDE, Calif. – The Metropolis of Arroyo Grande is providing one-time grants to small native companies which can be in want throughout the pandemic.
On Tuesday night, Arroyo Grande Metropolis Council unanimously approved using $60,000 from CARES Act income for the Small Enterprise Assitance Grant Program.
The federal Coronavirus Help, Reduction, and Financial Safety Act, or CARES Act, gives funding by the Coronavirus Reduction Fund (CRF) for state and native governments to pay for a part of the prices they incurred whereas responding to the COVID-19 pandemic.
The Metropolis of Arroyo Grande reported it was given $218,384 by the CARES Act.
Seeing the impacts the pandemic has had on the group, Arroyo Grande metropolis employees beneficial CARES Act funding be used for a mix of reimbursement to the Metropolis for COVID-19 bills and some totally different grant packages for group members, together with a enterprise help grant.
The Small Enterprise Help Grant Program will encompass microgrants of as much as $5,000 and will likely be awarded to 10 to fifteen Arroyo Grande small companies to assist cowl income misplaced as a result of COVID-19 closures.
The town stated these one-time funds could also be used for paying industrial hire, shopping for private protecting gear and another modifications required to make the enterprise compliant with COVID-19 pointers.
“We’re happy to supply this help to our native companies who’ve been hard-hit by the COVID-19 pandemic and the impacts of the state and native closure orders,” acknowledged Metropolis Supervisor Whitney McDonald. “Our native companies are essential to a vibrant and thriving financial system, and we hope these grants will assist our companies stay viable as we climate the reopening course of collectively.”
Extra data and purposes will likely be accessible within the coming weeks on the Metropolis’s web site at www.arroyogrande.org. Functions will likely be reviewed and chosen by a panel to incorporate representatives of Metropolis employees, Chamber of Commerce representatives, Council representatives, and enterprise representatives.