Oregon City Chamber of Commerce has established The Oregon City Chamber Small Business Recovery Grant program. This program is for qualified businesses that have and are experiencing losses due to the COVID-19 event. The purpose of these grants is to mitigate financial hardship.
Donor Name: Oregon City Chamber of Commerce
State: Oregon
City: Oregon City
Type of Grant: Grant
Deadline: 01/09/2023
Size of the Grant: up to $10,000
Details:
The purpose of these grants is to mitigate financial hardship. The funds are allocated out of the US Treasury’s State and Local Fiscal Recovery Fund (SLFRF) as part of the American Rescue Plan Act (ARPA).
The US Treasury has recognized minority, women, and veteran-owned businesses as likely disproportionately impacted by the pandemic, and these businesses are strongly encouraged to apply.
Disproportionately impacted small businesses:
- Small businesses within the Travel, Tourism, and Hospitality Industries
- Small businesses operated by Tribal Governments or Operating on Tribal Land
- Small businesses operating in a Fitness-related industry
- Small businesses operating in a Drycleaning and Laundry service industry
Funding Information
Approximately $250,000 of ARPA funds will be administered via the Oregon City Chamber of Commerce and allocated in individual grants to beneficiaries of up to $10,000 (may depend on the size of your business).
Eligibility Criteria
- The business must be a for-profit business (sole proprietorship, partnership, corporation, professional association, limited liability company, limited partnership, limited liability partnership)
- The business must be located within Oregon City Chamber service areas
- The business must have 50 or fewer full-time employees
- The business must not be in receivership or bankruptcy.
- The business must not be permanently closed and must intend to continue its business operations following the COVID-19 pandemic.
- To qualify as a disproportionately impacted small business, the small business must be presumptively eligible according to the definitions above.
- The business must be in good standing with State & Federal tax regulatory agencies with no outstanding tax obligations or liabilities (exception: those in an approved & verifiable payment plan may still qualify)
- The business must have an active registration with the Oregon Secretary of State’s business registry database.
For more information, visit Small Business Recovery Grant Program.