GREENWOOD COUNTY BUSINESS RECOVERY MICRO-GRANT PROGRAM DETAILS
The Greenwood County Small Business Recovery Micro-Grant Program is administered by the Greenwood SC Chamber of Commerce and funded by the County of Greenwood County and the City of Greenwood. Businesses with 10 or less employees that are physically located in Greenwood County, currently open, were in business as of January 1, 2020, and are experiencing coronavirus-related hardships are eligible for this grant. Funds are limited, not to exceed $1,500 per business.
Grant funds must be used to reimburse business related expenses incurred since July 1, 2020. This includes but is not limited to marketing, wages and salaries, rent, mortgages, inventory, and/or for health and safety improvements.
To be eligible, businesses must:
- Have a physical location in Greenwood County.
- Be a Greenwood County-based, for-profit business.
- Have 10 or fewer full-time equivalent (FTE) employees, including the owner.
- Earn less than $1 million in annual revenues (gross sales and receipts)
- Have started operating prior to Jan. 1, 2020, and actively conducting business in Greenwood County as of grant award date.
One full-time equivalent (FTE) is one or more employees working a total of 40 hours per week. For example, if you have two employees each working 20 hours per week, then you have one FTE.
The online grant application will be accessible at 9 a.m. Thursday, October 1st, through 11:45 p.m. Wednesday, October 14th.
After the application period has closed, applications will be reviewed for eligibility by the Small Business Micro-Grant Review Committee (MGC). Applications will be scored, ranked, and awarded based on negative impact due to the COVID-19 pandemic, community distress, and location within the county. The scoring will also consider whether the business has received assistance through the U.S. Small Business Administration Economic Injury Disaster Loan Program (EIDL) or Payroll Protection Program (PPP) and other assistance programs.
At disbursement of the approved grant, the Grantee must provide documentation as to how the funds have been spent. The documentation can include copies of cancelled checks, paid receipts, paid invoices, or other documentation that will document use of the grant funds.
All award disbursements are expected to be made by November 15, 2020.
The program aims to help Greenwood County’s small businesses remain viable while also encouraging continued use of best practices to build confidence to insure sustainability of Greenwood County’s economy. Grant recipients agree to observe health and safety best practices in their facilities to protect employees, customers, and the communities in which they operate. Greenwood County & City Councils along with the Chamber of Commerce are encouraging all businesses, large and small, to adopt behaviors that maximize safety and balance health and livelihoods.
All submitted information will be maintained in confidence; and will only be disclosed as necessary to evaluate the request, to comply with a Court Order or state law. The funding for this program is provided from the City and County. Applicants should be aware that the City and County are subject to the South Carolina Freedom of Information Act, which may require disclosure of some or all documents related to The Greenwood County Small Business Micro-Grant program
The undersigned hereby certifies and agrees that:
- The information included with this application is correct to the best of his/her knowledge.
- Any funds granted pursuant to this request have been used for the purpose outlined in this application. At the grant disbursement, Grantees must provide documentation (check copies, paid receipts, etc.) as to how the monies were used. If any statement on this application is found to be false or misleading, funds will be repaid by the business.
- The person(s) requesting this grant has the authority to make this request on behalf of the Business.
- The Grants Review Committee reviewing this request may decline this request for any reason, notwithstanding the merits of the request and/or may request additional information.
- If this request is granted, the Business will provide a W9 form prior to disbursement and respond any follow-up inquiry by the Greenwood SC Chamber of Commerce.