The grants are for “microenterprises,” business with five or fewer employees, including the owner. The business owner must have a “family income” that is not higher than 80 percent of the median income where they live. That means if a person owns a business in
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Business owners will also have to demonstrate that they have suffered a loss in revenue as a result of the pandemic, Assistant Town Administrator
Much like the Paycheck Protection Program loans, business owners should have documents reflecting income and loss available, often in the form of tax returns. Most business owners are now used to the requirements, she said.
Although the deadline is
“It will be a lottery process, in terms of awards,” she said. “Priority will be given to applicants asking for
Any grant request must be accompanied by an equivalent loss, so a grant request for
“The funds are available for at least the next few months, for people to apply if they were not eligible when the applications were being taken,” she said.
Money for the grants comes from a special federal appropriation made under the federal CARES Act, passed in response to the coronavirus pandemic.
The grant form is available online from the
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