The County of Bergen has announced a new small business grant program to utilize federal American Rescue Plan monies.
Donor Name: Borough of Oakland
State: New Jersey
County: Bergen County (NJ)
Type of Grant: Grant
Deadline: Ongoing
Size of the Grant: up to $2,500
Details:
Priority will be given to Bergen County businesses that are registered with the State of New Jersey as a Women Business Enterprise, Minority Business Enterprise, Veteran-Owned Small Business, or a Service-Disabled Veteran Owned Small Business.
Funding Information
This new program will provide up to $2,500 to small businesses who incurred costs or expenses resulting from business closure, partial closure, or business interruption as a result of the COVID-19 pandemic.
Eligibility Criteria
To qualify for the Bergen County ARP Small Business Grant Program businesses must fall under the following criteria:
- The business must be located within Bergen County;
- The business must be owned by an individual, a partnership, a corporation, or a limited liability company;
- The business cannot have more than 5 full-time equivalent employees as of the first quarter of 2022;
- The business must have experienced a loss in gross revenue between 2019 and 2020, as evidenced by Federal tax returns;
- Non-profit organizations, real estate holding companies, and businesses behind on their tax payments are NOT eligible.
For more information, visit Borough of Oakland.