PRINCETON — Gibson County Commissioners authorized an application for COVID-19 grants to small businesses in a Thursday morning special session.
The county is applying for up to $250,000 in grant funding through the Indiana Office of Community and Rural Affairs to be awarded to small businesses for job retention. No local match is required for the grant, according to guidelines explained by the Southwest Indiana Economic Development Coalition.
The county will be notified Aug. 27 regarding the grant status, and funds could be released Sept. 18.
The money will be distributed in grants to businesses within the county that employ at least 51% low to moderate income persons in jeopardy of losing their jobs without grant assistance. The grants can be used as working capital, funds to continue operations and/or support remote work to the chosen businesses.
The grants will be awarded to small businesses in Gibson County
— Email Andrea Howe at email@example.com