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You are here: Home / Grant Duration>Grant Duration Not Mentioned / Funding available for Small Businesses impacted by Pandemic in Florida

Funding available for Small Businesses impacted by Pandemic in Florida

Dated: March 26, 2024

The City of Port St. Lucie, in partnership with the Florida Small Business Development Center at Indian River State College, launched the COVID-19 Small Business Grant Program to support eligible businesses financially affected by the pandemic.

Donor Name: City of Port St. Lucie

State: Florida

City: Port St. Lucie

Type of Grant: Grant | Reimbursement

Deadline: All Time

Size of the Grant: $1000 to $10,000

Grant Duration: Grant Duration Not Mentioned

Details:

The Port St. Lucie COVID-19 Small Business Grant Program is designed for low- to moderate-income Census tract areas or individual business owner(s) whose household income qualifies as low or moderate income. Applications from small businesses that have not received prior COVID-19 relief funding will be prioritized.

The City had a total of $390,000 available to expend on grants of up to $10,000 per approved applicant. As of mid-March, 23 applicants had been approved for grants, leaving a total of approximately $165,000 remaining.

Eligible small businesses may receive up to $10,000 in the form of a reimbursement grant, which can be used for business-related expenses, including mortgage, rent, utility, insurance premium costs, reopening costs, costs for safety measures and payroll during a business closure. The City received funds for the COVID-19 Small Business Grant Program from FloridaCommerce through its Community Development Block Grant Coronavirus Program.

Eligibility Criteria 

To apply, applicants must:

  • Have between 0-50 employees.
  • Have been in operation before the COVID-19 pandemic or before March 1, 2020.
  • Be located within a qualified low- to moderate-income Census Tract (QCT) or the owner of the business must qualify as a low- to moderate-income household within the City.
  • Be current on their federal, state, county and city taxes.
  • Have been impacted by the COVID-19 pandemic.
  • Be registered with the Florida Division of Corporations.

For more information, visit City of Port St. Lucie.

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