Page 5 - Fix Schaefer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

[Photo: Karen Ducey/Getty Images] advertisement advertisement More than a year into the pandemic and almost four months after Congress authorized $16 billion in federal aid, theater owners are still unable to access a penny from the vital grant program that was meant to keep them afloat. advertisement advertisement The Shuttered Venue Operators Grant (SVOG) program was supposed to open earlier this month, but it was abruptly halted by the Small Business Administration after technical difficulties arose with its online portal. The program, which authorizes grants of up to $10 million to live e...

The $16 billion initiative is meant to help arts and entertainment businesses cover payroll, rent and other expenses, but the application portal is down nearly two weeks after its scheduled launch.

POLITICO Get the POLITICO Influence newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Presented by Coalition for App Fairness With Daniel Lippman and Zach Warmbrodt VENUES STILL WAITING FOR CASH AFTER LOBBYING VICTORY: When the pandemic hit last year, concert and performing arts venues banded together to form the National ...

The Small Business Administration yesterday launched with great fanfare a long awaited portal that would allow arts venues closed down by pandemic to apply

Frazer Harrison / Getty Images The Small Business Administration yesterday launched with great fanfare a long awaited portal that would allow arts venues closed down by pandemic to apply for grant money to cover rent, utilities, insurance and other accumulated expenses. The site went live at noon, but was wracked with so many technical issues that the SBA decided to shut the portal down indefinitely. "After working with our vendors to address them as quickly as possible, the SBA temporarily suspended the portal and will re-open it as soon as possible to ensure all applicants have fair a...