The online application portal can be accessed through the website after the portal opens. A list of eligibility requirements, a checklist to help business owners prepare for the application and a list of frequently asked questions are currently available at www.rebuildberks.com/funding.

Tom Wolf announced $225 million will be distributed to community development financial institutions this week to go out to help Main Street and historically disadvantaged businesses get back on their feet in the wake of the COVID-19 pandemic. Reading, PA—The Berks County Board of Commissioners will be launching a new grant program next week to assist local small business owners who have been struggling financially due to the COVID-19 pandemic. “However as we begin to emerge from our homes and walk down the streets of our towns again, we must do more. “Timeliness is in line with what we’re hearing about the needs of small business owners so that timing is a very positive thing.”. “Businesses will be able to use the grants to cover operating expenses during the shutdown and to help them in their transition to reopening,” said Gov. Your contribution makes community media possible. Youth Advisory Board Hosts A Vision of Hope Art Exhibit, Survey: Almost 1 in 10 in PA Scammed by Robocalls, Cambridge-Lee Celebrates 75th Anniversary with Employees, Retirees and Friends. 6/8/20 Eligible business must have been in operation as of February 15, 2020 and certify their business is operating or has a clear plan to fully reopen. However, he said he wishes there would be a broader distribution of outlets across the state, noting that many of the community development financial institutions are focused on helping businesses in metro areas. The Berks County Small Business New Start Grant program is the latest component of the Rebuild Berks initiative from the Berks County Commissioners and Greater Reading Chamber Alliance.

All resources and documents are available in English and Spanish.

COVID-19 Relief Fund Applications and Information Small Business (For-Profit Only) - Due Sept. 18th . PA Coronavirus Small Business Assistance Program Round 2 Now Closed Application Portal The COVID-19 Relief Pennsylvania Statewide Small Business Assistance program will provide grants ranging from $5,000 to $50,000 to for-profit small businesses that have been economically impacted by COVID-19. He said the grants also can be used to cover technical assistance and training to help business owners stabilize and relaunch their businesses. To be eligible, businesses must primarily operate in Berks, have 50 or less full-time employees and have preCOVID annual gross revenues of $3 million or less. PA Department of Community and Economic Development (DCED) provides program details and guidelines . The program will award grants ranging from $10,000 to $50,000 to Berks County small business owners based on revenue level. Community First Fund representatives will also be available throughout the process to offer technical assistance to applicants. The Berks County Small Business New Start Grant program is the latest component of the Rebuild Berks initiative from the Berks County Commissioners […] HELPING SMALL BUSINESSES IMPACTED BY COVID-19.

Businesses fall into this category if socially and economically disadvantaged individuals own at least 51% and manage and control its operation. “We’ve seen our business communities taking the brunt of the COVID-19 pandemic and the economic crisis,” said Daniel Betancourt, President & CEO of Community First Fund. Subscribe to PennLive. Not a subscriber yet? Quality local journalism has never been more important. While Denlinger was uncertain how many businesses are past the point of having the ability to reopen, he suspects it will be many.

The necessary information to apply includes the most recent tax return, a form of acceptable government-issued photo ID for the primary business owner and the dollar amounts of total gross revenues from March 1, 2019 to May 31, 2019 and total gross revenues from March 1, 2020 to May 31, 2020. Follow her on Twitter at @JanMurphy. 100% percent of our content comes from you. Registration on or use of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your California Privacy Rights (each updated 1/1/20). The program will focus on businesses in the hospitality, tourism, retail, restaurant and personal care industry sectors and with preference given to businesses owned by people of color, veterans, women and disabled individuals. As Pennsylvania moves into the recovery era from the COVID-19 pandemic, some $225 million of the $2.6 billion in federal coronavirus relief money that the state received will be directed to help small businesses get back on their feet. Reading, PA—The Berks County Board of Commissioners will be launching a new grant program next week to assist local small business owners who have been struggling financially due to the COVID-19 pandemic. The grants can only be used for costs incurred due to the COVID-19 pandemic. The program will be administered by Community First Fund, a non-profit, federally qualified community development financial institution (CDFI). This Project is financed by a grant from the federal Department of U.S. Treasury, under the administration of the Commonwealth of Pennsylvania and the Pennsylvania CDFI Network. According to Senate Democrats, businesses must have been operating on or before Feb. 15 and must have paid taxes to the state and federal government to be eligible. Jan Murphy| jmurphy@pennlive.com. Wolf Announces $225 Million Grant Program for Small Businesses Impacted by COVID-19. Community Rules apply to all content you upload or otherwise submit to this site. Wolf Announces $225 Million Grant Program for Small Businesses Impacted by COVID-19 According to a community and development spokeswoman, nearly 900 applications were received requesting more than $75 million in loan help. Tom Wolf in announcing the program during a televised news conference on Monday. Jan Murphy may be reached at jmurphy@pennlive.com. Denlinger acknowledges there clearly is a need for that type of targeting of resources at this point. Small Business Grant Application (For-Profit Only) Lycoming County For-Profit Small Business CRBG Guidelines/Instructions; IRS Form W-9 If we fail to assist small businesses we rely on we’re going to walk to empty windows, leaving the fabric of our communities behind. “We know for a lot of businesses are right on the ragged edge at this point,” he said.

BCTV is a community driven content platform. Philadelphia: The city’s COVID-19 Small Business Relief Fund is providing immediate relief to local small businesses in the form of grants and zero-interest loans. The remaining $25 million is earmarked for the Loan Payment Deferment and Loss Reserve Program which will offer forbearance and payment relief for existing portfolio businesses that are struggling. The program will give priority to low-and-moderate income business owners and to businesses operating in disadvantaged areas, including communities experiencing higher than average poverty rates and unemployment rates. © 2020 Advance Local Media LLC. Pennsylvania’s community development financial institutions, Rush to dole out billions in coronavirus relief dollars in Pa. could lead to waste, fraud, $60 million state-funded small business assistance program. Wolf Announces $225 Million Grant Program for Small Businesses Impacted by COVID-19 Copyright © 2020 Pennsylvania Small Business Grants - All Rights Reserved. “After months of coming together as a commonwealth to protect ourselves from this virus, light is finally at the end of the tunnel,” Wolf said. The online application portal is expected to open on Thursday, September 10 and close on Wednesday, September 23. Another $100 million will specifically set aside to help historically disadvantaged businesses recover. COVID-19 Relief PA Statewide Small Business Assistance, $96 Million in Relief Grants Awarded to PA Small Businesses, Gov. $225M PA Small Business Grant Program FINAL ROUND applications are now closed. “We understand the crucial role small businesses have in our community and have seen first-hand how much they have been struggling during this pandemic,” Commissioner Michael S. Rivera.

But he applauds this move to provide grants to help those who haven’t yet reached that point. Round 1 Data Summary of Approved Grants $96 Million in Relief Grants Awarded to PA Small Businesses Gov. Main Street and historically disadvantaged businesses must have 25 or fewer employees and experienced losses as a result of the governor’s stay-at-home order to qualify. A donation of any size to your nonprofit media organization supports the future of media access in our community - the things you love, and the places you care about, by the people you know. An earlier state-funded $60 million state-funded small business assistance program, which provided loans of up to $100,000 to 745 businesses, was tapped out quickly. This field is for validation purposes and should be left unchanged.

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“Since this pandemic began, we have heard the needs of the auto body shops, the barbershops, the beauticians, the pizza shop owners, the soul food establishments and other businesses in the communities,” said Sen. Vince Hughes, D-Philadelphia. “The needs of these businesses that were unable to get much needed help from other state and federal programs were a priority” to his caucus in its proposal. The state Department of Community and Economic Development will provide oversight of the program.

Round 1 Data Summary of Approved Grants $96 Million in Relief Grants Awarded to PA Small Businesses Gov. COVID-19 Relief PA Statewide Small Business Assistance Program .

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