Theaters, museums, art show venues and promoters that canceled their exhibits or concerts last year because of COVID-19 restrictions could now be eligible for federal economic assistance.Â
The U.S. Small Business Administration is offering grants to eligible live venue operators, live performing arts organizations, museums and movie theatres, as well as theatrical producers and talent representatives or agencies.Â
âThe SBA is committed to moving as quickly as possible to deliver this vital funding effectively and equitably â ensuring relief goes to those venue operators whose revenues have been most impacted by the pandemic,â SBA Administrator Isabella Casillas Guzman said in a press release.
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“Concerts, plays, dance performances, movie premieres, museum exhibits – these are the lifeblood of culture and community, and often the anchor for travel, tourism and neighborhood food and retail stores. We know that for the stage and venue operators across the nation that help make this culture happen, the pandemic has been devastating. Too many have been forced to lower the final curtain on their businesses. Today, with more than $16.2 billion available through the Shuttered Venue Operators Grants, help is here,” said SBA Administrator Isabella Casillas Guzman. “The SBA is committed to moving as quickly as possible to deliver this vital funding effectively and equitably - ensuring relief goes to those venue operators whose revenues have been most impacted by the pandemic.”
SBA opens shuttered venue operators grants portal April 8 at noon April 8, 2021
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Operators of live venues and performing arts organizations that experienced a 25% loss or more due to the pandemic can apply for $16.2 billion in Shuttered Venue Operators Grants from the U.S. Small Business Administration starting at noon on April 8.
Awards are expected to begin in late April.
Museums and movie theaters are also eligible for the grants, as well as live venue promoters, theatrical producers and talent representatives.
“Concerts, plays, dance performances, movie premieres, museum exhibits – these are the lifeblood of culture and community, and often the anchor for travel, tourism and neighborhood food and retail stores,” said SBA Administrator Isabella Casillas Guzman in a prepared statement. “We know that for the stage and venue operators across the nation that help make this culture happen, the pandemic has been devastating. Too many have been forced to lower the
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On April 8, The Small Business Administration (SBA) finally opens its Shuttered Venue Operators Grant (SVOG) program, which was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, as part of the the Consolidated Appropriations Act, signed into law on December 27, 2020, and as amended by the American Rescue Plan Act on March 11, 2021.
The program includes over $15 billion in grants to shuttered venues that experienced financial hardship and will be administered by the SBA’s Office of Disaster Assistance.
In general, eligible applicants may qualify for SVOG equal to