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$28.6B Restaurant Revitalization Fund rolls out Monday By: Adina Genn April 30, 2021 Comments Off on $28.6B Restaurant Revitalization Fund rolls out Monday
Restaurant owners struggling amid the COVID-19 pandemic can start registering on Friday for their share of the federal Restaurant Revitalization Fund, which rolls out Monday.
Applicants can register at restaurants.sba.gov.
The program provides a total of $28.6 billion in direct relief funds to restaurants and other hard-hit food establishments that have experienced economic distress and significant operational losses due to the COVID-19 pandemic.
The application will remain open until funds are exhausted.
Restaurant revitalization fund registration launches Friday gsabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gsabusiness.com Daily Mail and Mail on Sunday newspapers.
Applications opening for $28.6B Restaurant Revitalization Fund
Fund prioritizes direct relief to women, veterans, and socially and economically disadvantaged individuals, and includes $9.5 billion in set-asides for smaller businesses
From U.S. Small Business Administration WASHINGTON SBA Administrator Isabella Casillas Guzman announced Tuesday the U.S. Small Business Administration will begin registrations Friday at 7 a.m. Mountain Time and open applications Monday, May 3, at 10 a.m. Mountain Time for the Restaurant Revitalization Fund. The online application will remain open to any eligible establishment until all funds are exhausted. “Restaurants are the core of our neighborhoods and propel economic activity on main streets across the nation. They are among the businesses that have been hardest hit.
Arctic biodiversity at risk as world overshoots climate planetary boundary
by Gloria Dickie on 29 April 2021
The Arctic Ocean biome is changing rapidly, warming at twice the rate of the rest of the world. In turn, multiyear sea ice is thinning and shrinking, upsetting the system’s natural equilibrium.
Thinner sea ice has led to massive under-ice phytoplankton blooms, drawing southern species poleward; fish species from lower latitudes are moving into the peripheral seas of the Arctic Ocean, displacing and outcompeting native Arctic species.
Predators at the top of the food chain, such as polar bears, are suffering the consequences of disappearing ice, forced onto land for longer periods of time where they cannot productively hunt.
Written by SBA
Fund prioritizes direct relief to women, veterans, and socially and economically disadvantaged individuals, and includes $9.5 billion in set-asides for smaller businesses
SBA Administrator Isabella Casillas Guzman today announced the U.S. Small Business Administration will begin registration on Friday, April 30, 2021, at 9 a.m. EDT and open applications on Monday, May 3, 2021, at noon EDT for the Restaurant Revitalization Fund. The online application will remain open to any eligible establishment until all funds are exhausted.
“Restaurants are the core of our neighborhoods and propel economic activity on main streets across the nation. They are among the businesses that have been hardest hit and need support to survive this pandemic. We want restaurants to know that help is here,” said Administrator Guzman. “The SBA has focused on the marketplace realities of our food and beverage businesses in designing the Restaurant Revitalization Fund to meet busin