The Eddy County Small Business & Non-Profit ARPA Grant Program provides support to State, territorial, local, and Tribal governments in responding to the economic and public health impacts of COVID-19 and in their efforts to contain impacts on their communities, residents, and businesses.
Donor Name: Carlsbad Department of Development
State: New Mexico
County: Eddy County (NM)
Type of Grant: Grant
Deadline (mm/dd/yyyy): 04/30/2022
Grant Size: $40,000
Details:
Eddy County has approved $1 million of American Rescue Plan Act (ARPA) funding to be used to address the negative economic impacts caused by the public health emergency, which includes harm to small businesses and non-profits.
The business must provide receipts to demonstrate their match commitment, and all applications should strive to demonstrate measures taken to show resiliency and how the business is adapting in response to the COVID-19 pandemic.
Eligible projects include Resiliency (marketing, advertising, signs, deep cleaning, etc.), Business Model Modifications (website, point of sale system, new inventory or equipment, etc.), or Improvements to Real Property (modification of indoor customer seating area, installation of new customer service counters, improvements to HVAC/air quality systems, etc.).
Funding Information
Grants will be up to $40,000 each but no more than a single business or non-profit loss due to the pandemic.
Eligibility Criteria
- Both small businesses and non-profits in this grant program will be considered beneficiaries of these funds.
- You may be eligible for funding if:
- Organization had fewer than 500 full time employees on March 3, 2021;
- If a small business as defined in section 3 of the Small Business Act (15 U.S.C. 632); independently owned and operated and not dominant in its field of operation, meaning it does not exercise a controlling or major influence in a kind of business activity in which a number of businesses are engaged;
- Organization is currently and has been in business since at least February 1, 2020
- Organization’s physical place of business is located within the boundaries of Eddy County, New Mexico;
- Organization has a current business registration/license in Eddy County
- Organization suffered from business interruption caused by required closures resulting from the COVID-19 public health emergency;
- Organization suffered economic loss (excluding loss covered by insurance or reimbursed by a federal, state, or local program) and has paid eligible expenses for costs incurred from March 3, 2021 to December 31, 2024.
- Such loss was demonstrated by one or more of the following indicators of economic loss:
- Decreased revenue or gross receipts
- Financial insecurity
- Increased costs
- Reduced capacity to weather financial hardship
- Increased challenges covering payroll, rent, mortgage, and/or other normal business operating costs
- Organization implemented new safety measures due to the COVID-19 public health emergency
For more information, visit Carlsbad Department of Development.
