Available Grant Opportunity Through SCOEDD: Klamath County has received an additional $602,773.34 in funding to support Oregon businesses who have been impacted by COVID-19.
Klamath County has received an additional $602,773.34 in funding to support Oregon businesses who have been impacted by COVID-19. These funds were allocated to counties to distribute to businesses who have been impacted by the Governor’s most recent decision to move the county from high to extreme risk.
Award amounts granted to eligible businesses will be five-thousand dollars ($5,000), or a maximum of ten thousand dollars ($10,000) if eligible business incurred expenses due to ‘infrastructure projects’ such as expanded outdoor dining options (e.g., pedlets, tents, tables, additional insurance costs, etc.). Expenses for ‘future’ infrastructure projects do not qualify for this grant.
The South Central Oregon Economic Development District (SCOEDD) will begin accepting applications on Thursday, May 20, 2021. During the first two (2) weeks of the grant period, priority will be given to businesses that did not receive prior grant funding from SCOEDD. After the first two (2) week period has ended (June 3, 2021), all businesses within Klamath County will be eligible for the remaining (if any) grant funds. The grant program will end the earlier of a) once all funds have been depleted, or b) December 31, 2021.
Betty Riley, Executive Director of SCOEDD, pointed out that, “…supporting small businesses is part of SCOEDD’s core mission and we hope this funding gets to those that have struggled over the past year.”
In order to qualify for this grant, Businesses must principally operate out of Klamath County and have fewer than 100 full-time employees. Additional eligibility requirements are outlined in the grant application.
Applications for the grant program can be found on the SCOEDD website: www.scoedd.org
The Restaurant Revitalization Fund (RRF) to close May 24th at 5:00 pm PST
Monday, May 24th is the last day to apply for the RRF. Apply now and secure funds for your eligible eating establishment. If used on eligible expenses by March 11, 2023, you may not have to repay this direct funding program from SBA!
To date, the SBA has received more than 303,000 applications. In the first two weeks of the Restaurant Revitalization Program, the SBA has received:
- 12,898 applications from businesses with not more than $50,000 in pre-pandemic revenue
- 73,671 applications from businesses with not more than $500,000 in annual pre-pandemic revenue
- 34,010 applications from businesses with $500,000 – $1,500,000 in annual pre-pandemic revenue