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Uncategorized | 87 Posts
November
26

Small Business Stabilization Fund kicks off third round of grant funding, applications due by December 3rd

The Small Business Stabilization Fund brings together partners from across Cuyahoga County to support small businesses during the crisis. The program offers two types of financial assistance for small businesses: Stabilization Grants and Stabilization Loans.
Cuyahoga County has established a third (final) round of Stabilization Fund grants up to $4 million to support businesses impacted by COVID-19. Grants may be used for business related expenses, including payroll, accounts payable, fixed costs, inventory, rent, and utilities. Focuses of the Stabilization Fund include: Business Stabilization, Job Retention. Positioning for Long-term Recovery, and Support of Minority and Neighborhood-based Businesses. Small businesses can apply for grants up to $10,000. 
What is the deadline for applications?
Applications for the third round of grant funding will close on Thursday, December 3rd at 5:00 pm. The County will announce those who will be awarded a grant and funds will be distributed shortly thereafter.
For more details, click here. For those who want to help those small businesses in our area in the greatest need, please  share.

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