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Applications due next week for county small business grants

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Posted at 3:40 PM, Sep 24, 2020
and last updated 2020-09-24 18:52:40-04

Local small business owners are running out of time to apply for a County grant to help those affected by the ongoing pandemic and related closures.

Business owners have until 11:59 p.m. on Sept. 29, to apply for the County’s Small Business Stabilization Grant, which awards local businesses up to $5,000 or $10,000 each (the maximum depends upon how many employees the business has).

The funding does not need to be repaid and may be used for working capital to cover general expenditures such as rent, utilities, inventory or payroll.

To qualify for this grant a business must be based in unincorporated Clark County, have a Clark County business license and have 20 or fewer employees. Business owners who unsuccessfully applied for grant funds in June are encouraged to apply again as some eligibility provisions have changed.

Also, businesses that received funding from a County grant earlier this year may apply for this second round of funding.

Additional information about the grant qualifications and the application are available through the County Community and Economic Development website.

Earlier this summer, the County distributed over $2 million to more than 500 businesses through small business grant programs aimed at assisting those hurt by the pandemic. Funding for the grant programs comes from the federal Coronavirus Aid, Relief, and Economic Security (CARES) CARES Act.

Clark County has partnered with the Nevada Small Business Development Center at UNLV for those who may need assistance with the application process. The Nevada Small Business Development Center at UNLV is online at www.unlv.edu/sbdc [unlv.edu] and can be reached at (702) 895-5019.