Grants are available for small businesses in Lincoln with 50 or fewer employees that operate in a Qualified Census Tract. Small businesses may apply for up to a year of their average electric and water expenses.
Donor Name: City of Lincoln
State: Nebraska
City: Lincoln
Type of Grant: Grant
Deadline: Ongoing
Size of the Grant: $1.5 million
Details:
The purpose of this program is to provide assistance to small businesses negatively impacted by the pandemic. The program will provide utility payments to assist small businesses in stabilizing and growing business operations and employment as well as to recover from pandemic losses.
A total of $1.5 million dollars will be made available for small businesses.
Grant Program Benefits
- Qualifying small businesses may apply for up to a year of electric and water expenses. Applicants may apply for an amount equal to or less than the total of their electric and water bills from September 2021 through August 2022.
- The total amount for any business will be based on the current electric and water invoices. The grant award will be made directly to Lincoln Electric System and Lincoln Water System on behalf of the business.
Eligibility Requirements
- Businesses must meet the following eligibility criteria:
- Businesses must be for-profit, independently operated businesses with 50 or fewer employees. A sole proprietorship may qualify.
- Applicants must have a physical location doing business in a Qualified Census Tract in the City of Lincoln.
- Businesses can not have received the City’s Small Business Stabilization Grant for rent or mortgage.
- Businesses must have been in operation prior to February 29, 2020.
- Businesses must provide all necessary documentation.
For more information, visit City of Lincoln.
