The City of Fairburn, GA has allocated $300,000 from its American Rescue Plan Act (ARPA) funds to the Small Business Grant Program.
Donor Name: City of Fairburn
State: Georgia
City: Fairburn
Type of Grant: Grant
Deadline: 02/29/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: Grant Duration Not Mentioned
Details:
The program is aimed at providing assistance to small businesses that have been adversely affected by the COVID-19 pandemic. These businesses have been facing unique challenges and experiencing economic difficulties, and this program seeks to address their specific needs.
Types of Grants
- Capital Improvement Grants – Small businesses looking to renovate or expand their businesses can apply for up to $25,000 in funding through ARPA for capital improvement projects. To qualify, applicants must provide a project timeline that shows the completion of the project before September 30, 2024, as well as an estimate or quote.
- Relocation Assistance – Small businesses can receive up to $25,000 in relocation expenses when moving their business to a new location. To be eligible, they must provide a rental agreement for the new space and confirm that they are not behind on rent at their current location. The relocation must occur by September 30, 2024.
- Small Business Incubator – New businesses that have been operational for a year or less, can receive up to $5,000 under this program. The grant funds can be used for general operating expenses such as software, advertising, marketing, and other similar costs. However, it cannot be used for rent or payroll expenses. Please refer to the Payroll and Rent Assistance programs. To be eligible for this program, small businesses must be operational at the time of application. Grant funds must be spent within 60 days of the grant award. The project must be completed by June 30, 2024.
- Payroll Assistance Program – Small businesses may apply for up to $10,000 to bring outstanding payroll current and for future payroll including employee benefit expenses. Grant funds must be spent within 60 days of the grant award not to extend beyond June 30, 2024.
- Rent Assistance Program – Applicants can receive up to $5,000 to cover commercial rent expenses. The grant amount must match or be less than the total rent obligation at the time of application submission. Landlords must provide documentation that the grant funds will pay overdue rent and bring it current. Grant funds must be spent within 60 days of the grant award not to extend beyond June 30, 2024.
Who may apply?
Small businesses within City boundaries meeting program requirements for one of the programs may apply. Applicants MUST:
- Clearly demonstrate a revenue loss due to the negative economic impact of COVID-19 on their business.
- Have annual revenues of less than $5 million.
- Be in “Good Standing” or “Active” with the State of Georgia and the City of Fairburn.
- Have between 1 and 50 employees.
- Be in operation as of the date of the application.
- Be a for-profit business.
- National franchises and chains will be considered on a case-by-case basis.
- City of Fairburn property taxes and other City bills/obligations are not eligible.
- City elected officials are not eligible.
For more information, visit City of Fairburn.
