$3.5 Million to Support Mercer Small Businesses
Mercer County Executive Brian M. Hughes is pleased to announce another initiative for the business community. Mercer County Small Business Grant program. Dedicated to $3.5 million in U.S. Relief Plans Act funds, the grant program will provide direct assistance to Mercer County small businesses likely to have experienced the hardships of the pandemic. The focus will be on businesses that have physical stores in Mercer and are allocated up to $10,000 per grant.
“Small businesses are the lifeblood of the local economy, creating jobs and spin-off businesses and bringing stability to the community,” said the county administrator. “This infusion of financial assistance will boost local businesses that have been hit hard during the pandemic. We are grateful to the federal government for providing meaningful relief to residents and business owners.”
The Small Business Grant Program follows another small business program recently announced by Executive Hughes. Small Business Investment Program.
Program information
The application portal for the Small Business Grant Program will open soon. Implementation of the program will be completed by GrantWorks Inc. GrantWorks was procured to provide Mercer County with his ARPA program management services. GrantWorks provides an online application portal that can be accessed from your mobile phone, tablet or computer. The portal makes it easy to upload documents using traditional document upload methods or your mobile device’s photo capabilities. After collecting your application and eligibility documents, GrantWorks will review your application and request additional documentation if necessary. Grants will be delivered as a bank check paid to the individual or entity identified in the New Jersey registry of business.
Project Outline
Mercer County, as a recipient of the “Coronavirus State and Local Fiscal Recovery Fund for the American Relief Plans Act” (CSLFRF), will use a portion of this assistance to fund a small business grant known as the Mercer County Small Business Grant. I’m trying to establish an initiative. program. Under CSLFRF, counties are authorized to direct these recovery funds to small businesses to help them recover from the effects of the COVID-19 pandemic using grants. On Thursday, January 12, 2023, the Mercer County Commissioner approved an allocation of $3,500,000.00 for the implementation of this program. President Biden’s U.S. Relief Plan Act provides direct relief to those affected by the COVID-19 pandemic. Mercer County received her $71.3 million funding from the U.S. Treasury Department.
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