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Indiana adds $60 million to small business support grants

Indiana adds $60 million to small business support grants
By: Maura Johnson
Indiana Governor Eric Holcomb announced today that $60 million will be added to the Indiana Small Business Restart Grant program to help small businesses recover financially.
The program, which was first announced in May 2020, is designed to speed up economic recovery by giving grants to entrepreneurs and small business owners in Indiana.
These businesses can receive reimbursement for eligible expenses acquired between March 1, 2020 and May 1, 2021. These expenses include payroll and non-payroll expenses like rent or mortgage, utilities, insurance premiums, food delivery software service, lease payments, and safety investments.
This $60 million addition triples the total amount of money being distributed to small businesses. The state initially issued $34.5 million in grants. ....

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Bill Seeks to Help Struggling Small Indiana Businesses

Bill Seeks to Help Struggling Small Indiana Businesses
A bill co-authored by Jasper state representative Shane Lindauer looks to add funding to the Small Business Restart Grant program.
Posted: Feb 3, 2021 12:53 PM
Posted By: Joe Downs
INDIANAPOLIS, Ind (WEVV) Small businesses are really the backbone of the economy in Indiana and really any economy , said Jasper State Representative Shane Lindauer.
And right now as we close in on the one-year anniversary of the coronavirus pandemic, that backbone needs more propping up. That s why state representative Shane Lindauer of Jasper has co-authored a bill to add $30 million from the general fund to Indiana Governor Eric Holcomb s Small Business Restart Grant. It s a program specifically designed to offer grants to small businesses with one hundred employees. ....

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2020 Newsmaker of the Year: Community leaders channel pandemic recovery funds

Grand Rapids Business Journal
Jamiel Robinson
CATEGORY: Economic Development
WINNERS: Guillermo Cisneros and Jamiel Robinson for The Right Place, Mike Ramirez and Holly Johnson for Lakeshore Advantage
ORGANIZATIONS: The Right Place and Lakeshore Advantage
The region’s two foremost economic development agencies, The Right Place and Lakeshore Advantage, leveraged community leaders’ input in 2020 to administer state and federal funding to hundreds of small businesses to help them survive the COVID-19 pandemic and economic fallout.
The Michigan Strategic Fund, through the federal CARES Act and Michigan Economic Development Corporation (MEDC), made available a total of $100 million in grant funds to eligible small businesses and nonprofits in Michigan through the Small Business Restart program, and The Right Place and Lakeshore Advantage were in charge of awarding a combined 1,488 grants totaling over $12.3 million across 13 counties in October 2020. ....

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County SBRR Grant Program Allocated $1.8 million, Finalizing Another $2 Million

Posted
By Iridian Casarez
on Tue, Dec 29, 2020 at 3:07 PM
Within the last four months, Humboldt County s Small Business Restart and Recovery (SBRR) grant program has allocated $1.8 million in grant funding for local businesses that have been impacted by the COVID-19 pandemic.
According to the release, county staff is working to finalize another $2 million in additional funding for more local businesses and non-profits.
The grant funding was designed to help with COVID-19 related expenses like preparing re-opening plans, purchasing personal protective equipment, rent payments, certain payroll expenses, building improvements, cleaning supplies among others.
The Humboldt County Administrative Office of Economic Development collected and reviewed the large volume of applications received by businesses and non-profits. ....

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December 25 recap: Northwest Indiana news you may have missed today

December 25 recap: Northwest Indiana news you may have missed today
nwitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nwitimes.com Daily Mail and Mail on Sunday newspapers.

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