The City of Powder Springs has opened a second-round application process for its Small Business Grant Program, which will award grants of up to $5,000 to qualifying businesses and nonprofits that apply before the Nov. 5 deadline.
The city is finalizing its review of first-round applications. Applicants will be notified via email of their status.
Applicants must have their primary location or headquarters within the Powder Springs city limits (franchisees may apply if the business is wholly owned by an individual), and meet other requirements such as holding all necessary permits and licenses, as well as at least one year of continuous operation prior to March 1, 2020. Both home-based businesses and those with a physical commercial location are eligible to apply.
As the city is using federal CARES Act funding for the grant, all operating assistance must be compliant with federal regulations. Grant funds may be used for:
• Rent/leases/equipment rental
• Utility payments
• Marketing
• PPE and other supplies/costs to ensure employee and customer safety
• Rehiring and/or maintaining full time W-2 or 1099 employees
Businesses may apply for the Powder Springs Small Business Grant program even if they have received CARES Act funds through other programs, including the U.S. Small Business Administration Paycheck Protection Program or the SelectCobb Small Business Grant program. However, if awarded, recipients may not use grant funds for expenses that have already been covered through other programs.
Applications must be submitted by 5 p.m. Nov. 5, 2020, and will be reviewed by city staff and awarded based on need and availability of funds.
The City is also using its CARES Act funds for housing and utility assistance, devices and Wi-Fi hotspots for students attending local schools, and city expenses including PPE and technology upgrades to facilitate teleworking.
