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State still waiting for guidance on spending federal stimulus aid

State still waiting for guidance on spending federal stimulus aid
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Business notebook: More COVID-19 relief grants for small businesses

Abilene and area business announcements for May 23, 2021. ....

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State small-business grant program sees 3K applications for 75% of funding after one week

State small-business grant program sees 3K applications for 75% of funding after one week
R.I. COMMERCE CORP has received 3,000 applications seeking $15 million since launching the Small Business Relief Grant Program last week. About $5 million remains assuming all applications are approved.
PROVIDENCE – About one-quarter of the funds set aside for the state’s newly opened small-business grant program would still be up for grabs, assuming all existing applications are approved.
R.I. Commerce Corp, the agency in charge of the $20 million Small Business Relief Grant Program, has received 3,000 applications seeking a combined $15 million in funding as of Wednesday, according to spokesman Brian Hodge. R.I. Commerce is still working to verify whether applicants meet the criteria, which center around the size of the company in terms of revenue and their ability to show pandemic-related losses. ....

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GoLocalProv | McKee Announces Small Business $5,000 Grant Program

Tuesday, April 13, 2021

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Governor Dan McKee and Rhode Island Commerce Secretary Stefan Pryor announced a new grant program to assist small businesses impacted by the COVID-19 pandemic.
The program will use $20 million of the nearly $1.25 billion in CARES Act funds from last spring to give qualifying businesses $5,000 grants.
The first round of applications will be accepted on a first-come, first-served basis beginning, Thursday, April 15, 2021, through Friday, April 30, 2021, at 5:00 p.m.GET THE LATEST BREAKING NEWS HERE SIGN UP FOR GOLOCAL FREE DAILY EBLAST
Future rounds and expansions of this program are possible depending upon demand and availability of funds. ....

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Governor McKee Announces New Small Business Relief Grant Program

Governor Dan McKee and Rhode Island Commerce Secretary Stefan Pryor on Monday announced a new grant program to assist small businesses impacted by the COVID-19 pandemic. The program will use $20 million in CARES Act funds to give qualifying businesses $5,000 grants. The Governor was joined by Lt. Governor nominee Sabina Matos, House Speaker K. Joseph Shekarchi and Senator Maryellen Goodwin to make the announcement at Executive Cuts Barber Shop, a small business located in downtown Providence.

The first round of applications will be accepted on a first-come, first-served basis beginning, Thursday, April 15, 2021 through Friday, April 30, 2021 at 5:00 p.m. Future rounds and expansions of this program are possible depending upon demand and availability of funds. ....

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