The City of Hutchinson has announced the launch of the Small Business Relief and Recovery Grant Program funded through the American Rescue Plan Act (ARPA).
Donor Name: City of Hutchinson
State: Kansas
City: Hutchinson
Type of Grant: Grant
Deadline: 02/24/2023
Size of the Grant: Up to $20,000
Details:
The City of Hutchinson Small Business Relief and Recovery Grant Program is intended to respond to the negative economic impacts of the COVID-19 public health emergency, as well as responding to the needs of an adequate workforce to fully support our local Small Businesses.
This grant focuses on the identified needs and impacts faced by local small businesses. By providing emergency grant funding to impacted local small businesses, the Program is designed to ensure the economic health of the City of Hutchinson, and thereby improve the public health and welfare for Hutchinson’s residents. The grant funded allocated hereunder is designed to help small businesses keep their doors open, protect local jobs threatened by the COVID-19 pandemic, support community recovery, and increase the resiliency of local businesses in their community.
Through the program, eligible small businesses operating in the City of Hutchinson have the opportunity to apply for cash assistance to help mitigate the impacts of revenue reductions associated with COVID-19, reimburse them for Covid-19 related expenses, and assist with employee retention and development.
This grant will also allow funding of new small business ventures based on a sound and complete business plan, located in the City of Hutchinson. The City anticipates awarding eligible small businesses with a onetime cash grant commensurate with impact to their business, based on justifiable need and business resiliency.
Use of Funding Restrictions
Awarded small businesses will only use grant funds for approved, allowable functions as broken down in the following four categories:
- Revenue loss mitigation – Funds may be used to mitigate financial hardship such as declines in revenues or impacts of periods of business closure, for example by supporting payroll and benefits costs, costs to retain employees, mortgage, rent, or utilities costs, and other operating costs.
- Covid-19 Mitigation Expenses – Funds may be used to implement COVID-19 prevention or mitigation tactics, such as physical plant changes to enable social distancing, enhanced cleaning efforts, barriers or partitions, or COVID-19 vaccination, testing, or contact tracing programs.
- Job Retention or Development – Funds may be used to retain a current employee, or to hire a new employee.
- New Small Business Funding – Funds must be used for applicable startup costs associated with a new small business. A complete business plan must accompany each application for this funding, and the proposed business must be in the City of Hutchinson.
Funding Information
- Grants will be awarded up to $20,000.00 per eligible business.
Eligibility Criteria
To be eligible for grant funding, a small business must meet the following criteria:
- Business has a drop in revenue directly attributable to the COVID-19 pandemic (e.g., a decline in gross receipts, comparable to measures used to assess eligibility for the Federal Pay check Protection Program).
- Business must register with Sam.gov and obtain a UEI number
- Business has 25 or fewer employees (including the business owner/worker); employee count shall be based on number of employees as of 3/4/2021.
- Business is licensed to do business in the State of Kansas and in the City of Hutchinson
- Business had been in operation for at least three months in the City of Hutchinson prior to March 04, 2021
- Business is not facing any pending litigation or legal action
- Business is not suspended or debarred from the use of federal funds
- Business is physically located in the City of Hutchinson
- Business is not a franchise – unless that franchise is not a subsidiary of a larger corporation and is able to document that it is not a subsidiary
- Business is not a chain (unless the majority of locations are located in the City of Hutchinson)
- Business is not restricted to patrons over the age of 18
- Businesses in the hardest hit sectors including: restaurant/dining, retail, hospitality, Travel & Tourism, and other service sector businesses will be prioritized for funding
- For any Small Business Startup Assistance, the proposed business must be in Hutchinson, and must have a complete business plan. Failure to provide a business plan will result in denial of funding in this category.
For more information, visit City of Hutchinson.
