The County is awarding grants of $5,000, $10,000, and $15,000 to area small businesses that have been negatively impacted by the COVID-19 pandemic
From the Seminole County Newsroom
Seminole County has awarded more than $9 million in small business grants through the Seminole CARES Small Business Grant program. In order to complete the application review and award process within the funding timeline set by US Treasury, the County will close the application portal to new applications at 5pm on Friday, November 13, 2020.
Nearly 1,300 small business applications have been approved for funding since the program opened on August 19, 2020. The County is awarding grants of $5,000, $10,000, and $15,000 to area small businesses that have been negatively impacted by the COVID-19 pandemic.
“The Seminole CARES Small Business Grant has been a successful vehicle to provide much needed relief to our County’s small businesses during this incredibly challenging time,” said County Chairman Jay Zembower. “Due to the level of need, the County increased the original small business program budget to allow for additional support.”
Seminole County received federal CARES ACT funding through the State of Florida to support businesses that have been negatively impacted by the COVID-19 pandemic. The County is on track to provide $13 – $14 million in CARES funds to small businesses by the end of the year.
More than 80% of the grant recipients intend to use the funds for payroll, utilities, rent, or mortgage expenses. The relief money must be expended by the end of the year for direct expenses incurred due to COVID-19.
Interested applicants who have not submitted a funding application may do so until 5:00p.m. on Friday, November 3, 2020, at which time the application portal will be closed.
Visit www.seminolecares.com for more information.