The U.S. Chamber of Commerce Foundation has launched the Small Business Hurricane Recovery grant program in partnership with American Express to support small businesses impacted by Hurricanes Helene and Milton.
Donor Name: U.S. Chamber of Commerce Foundation
State: All States
County: All Counties
Type of Grant: Grant
Deadline: 11/17/2024
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
The program will provide $5 million in funding, distributing $5,000 grants to 1,000 eligible small businesses across the Southeast to support their recovery and help them build resilience against future disasters.
The program will provide a $5,000 grant to 1,000 selected businesses that meet eligibility requirements, including but not limited to the following criteria:
- Located in SBA disaster-declared counties
- Financially harmed and cannot cover costs
- Have between 1-25 employees.
Eligibility Criteria
- To be eligible to receive a grant (“Grant”) from the Grant Program, any person (or their business or a chamber of commerce) applying for a Grant (an “Applicant”) must satisfy the following requirements:
- Be a business or a chamber of commerce that employed 1-25 individuals at the time of Tropical Storm/Hurricane Helene or Hurricane Milton (the “Disaster”), including the owner, full or part time, or those working for the business under a 1099 agreement.
- A “business” means any of the following:
- Individual/sole proprietorship
- C-Corporation
- S-Corporation
- Partnership
- Limited Liability Company (C-Corporation, S-Corporation, or Partnership)
- A “chamber of commerce” means an organization recognized under Section 501(c)(6) of the Internal Revenue Code. Use of the term “business” shall also refer to a chamber of commerce.
- Have at least one physical location or online business in a primary county from U.S. Small Business Administration’s disaster declarations for the Disaster (the “Designated Disaster Area”)
- Be a business or chamber of commerce financially harmed by the Disaster
- Was not a grant recipient of the Foundation’s Small Business Readiness for Resiliency Program in 2024
- Not have sufficient financial resources to cover the business damage/loss the business experienced as a result the Disaster
- Have a valid employer identification number (EIN) issued by the Internal Revenue Service (IRS)
- Have a business bank account that accepts automated clearing house (ACH)/direct deposit
- Not be in an Ineligible Business Category (as defined below)
- Agree to these Terms and Conditions, and the terms of any grant agreement.
For more information, visit U.S. Chamber of Commerce Foundation.
