City of Concord: Small Business Reimbursement Grant Announced

October 17, 2022

CONCORD, Calif. – The City of Concord, in partnership with the Greater Concord Chamber of Commerce, is launching a $2 million grant program to help small businesses continue their recovery from the economic strain caused by the COVID-19 pandemic. 19.

Using $2 million of the remaining $19 million the city received from the federal government through the American Rescue Plan Act, Concord will provide one-time grants of $5,000 to 370 small businesses. The grants will be distributed in two rounds, with one taking place this fall and the other in the spring of 2023.

“Our small business community has suffered significant economic impacts from the pandemic,” said Concord Mayor Dominic Aliano. “My Council colleagues and I are committed to supporting our business community, and we believe this grant program will go a long way in helping hundreds of Concord businesses recover.”

Online application for the first round will open on November 7 and close on November 18. A webinar to explain the application process will take place on November 1st.

The Reimbursement Grant is intended to help businesses recover typical operating costs such as rent/lease payments, utilities, payroll, inventory, facility repairs, upgrades and maintenance. ‘other expenses. Applicants will be considered based on the priority criteria detailed in the application, and a lottery will be initiated if the number of qualified applicants exceeds the amount of funding available.

Successful applicants will receive funding after submitting proof of payment for eligible activities by March 31, 2023.

Read the full press release.