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Frazer Harrison/Getty Images Two weeks after the Shuttered Venue Operators Grant (SVOG) portal successfully reopened, officials at the Small Business Administration say that the first round of awards will be distributed next week. There are three distinct 14-day periods during which SVOG funds will be awarded. Priority One applicants that lost 90% or more of their revenue from April to December of 2020 are scheduled to receive funds of up to $10 million in the first 14 days of disbursement. Following that, Priority Two establishments that lost 70% or more of their revenue in the same t...

VALERIE MACON/AFP via Getty Images A person wearing a face covering walks past The Roxy nightclub and music venue, closed amid the novel coronavirus pandemic, on May 15, 2020. Independent venues across the U.S. should expect the first round of Shuttered Venue Operators Grant funds to arrive in May, a representative for the Small Business Administration tells  Billboard. After a nearly three-week delay, the Shuttered Venue Operators Grant reopened its application portal on Monday, allowing independent venues, promoters and other live music entities to apply for up to $10 million in federal re...

Last month, the Small Business Administration was scheduled to begin processing applications for financial relief from owners and operators of shuttered entertainment and concert venues as part of the relief package passed as part of the Save Our Stages Act. Applications were set to open April 8, but were delayed after the SBA web portal crashed, leaving venue owners in the lurch. Now, it’s been announced that the Shuttered Venue Operator Grant applications will go live Saturday, April 24, with a new web portal at which venue owners can apply. “We have completed rigorous testing and the S...

Merriweather Post Pavilion won’t reopen for now despite easing of restrictions Challenges entertainment venues face As of Friday, some Maryland counties will be easing COVID-19 restrictions, including allowing concert venues to open up at half capacity. COLUMBIA, Md. (FOX 5 DC) - As of Friday, some Maryland counties will be easing COVID-19 restrictions, including allowing concert venues to open up at half capacity. While Howard County is among counties making that allowance, Merriweather Post Pavilion, an outdoor concert venue with a capacity of nearly 20,000, will remain closed for now....

Part of the stimulus bill would help save Austin music venues Part of stimulus bill would help save Austin music venues The bill will provide six months of financial support or $10 million to keep each venue afloat, whichever is cheaper. "I'm gonna sleep really well tonight, for the first time in a long time," said Steve Sternschein, co-owner of Empire Control Room and Garage.  It has been a rollercoaster of a year for business owners everywhere, but those who own live event venues have been especially hard hit by COVID-19 shutdown orders. In a survey conducted by the National Independent Ve...