Summit County LogoSummit County CARES Small Business Grant Program

This program is no longer accepting applications. Applicants will be notified of the award decisions soon.

The Summit County CARES Small Business Grant Program is offered pursuant to funding received by Summit County through the federal Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Funding will be made available to a limited number of businesses, with 40 employees/FTEs or less that meet specific requirements set by the Summit County.

The Summit County CARES Small Business Grant Program will provide grants from $5,000 up to $25,000, dependent on the number of employees. The applicant business must demonstrate a significant impact as a result of the COVID-19 pandemic to be considered for funding.

Applications will open on August 24, 2020 at 12:00AM and close on September 4, 2020 at 11:59PM. Funds will be disbursed until the funds are exhausted. Due to the anticipated number of submissions and limited funding, applications will be ranked based on predetermined priorities.

Application Link will go live on August 24th.

Zoomgrants Application

TERMS

Funds are provided as a grant. Repayment is only required if the grant agreement is violated or the County determines a duplication of benefits has occurred. Grants will be awarded based on the number of employees as of March 1, 2020, as outlined below, with a minimum award of $5,000.

  • Up to $10,000 for Sole Proprietor or 1-10 Fulltime Employees or FTEs
  • Up to $20,000 for 11-25 Fulltime Employees or FTEs
  • Up to $25,000 for 26-40 Fulltime Employees or FTEs

 

ELIGIBILITY

Eligibility Requirements

  • Businesses that have been licensed in Summit County or a municipality in Summit County on or before March 1, 2020 will be scored higher. Businesses started after this date may still apply.
  • Business had 40 full-time equivalent employees or less as of March 1, 2020.
  • Business must be physically located in Summit County.
  • Business experienced a significant negative impact from the COVID-19 pandemic.
  • Business can provide documentation showing a financial loss of at least a $5,000 or a 10% loss of profit between March 1 and June 30, 2020.
  • Business must be open, or plan to reopen, as of October 15, 2020.
  • Owner must be 18 years or older and have a valid EIN or Social Security Number if a Sole Proprietor.
  • Business must be able to spend the entire grant award by November 30, 2020 per U.S. Department of the Treasury requirements.
  • Business owners must have the ability to document and report on use of funds.

 

PROGRAM SERVICE AREA

Businesses must be located within Summit County to be eligible for funding.

 

DUPLICATION OF BENEFITS

Businesses may not receive federally-subsidized disaster assistance that duplicates any part of their disaster loss covered by insurance or another source, such as the Small Business Administration (SBA) programs (PPP and EIDL), the Federal Emergency Management Agency (FEMA), Community Development Block Grant (CDBG-CV) and state programs (Commercial Rental Assistance).

Applicants for the Summit County CARES Small Business Grant Program must disclose any funds applied for or received from these sources or other federal and state assistance programs.

It is the County’s sole discretion to determine if funds received from any of these sources constitutes a duplication of benefits. If a duplication of benefits determination is made after the County funds have been disbursed, the amount of funds that were determined to be duplicative must be repaid to the County.

ELIGIBLE USE OF FUNDS

Grant money may be used to pay for operating expenses related to COVID-19:

  • Payroll
  • Rent or Mortgage
  • Utilities
  • Insurance
  • Inventory

Grant money may also be used for additional COVID-related expenses Including:

  • Expenses related to business premises modifications to promote social distancing.
  • Expenses related to continuing business operations from home or online.
  • Expenses related to business premises modifications to protect employees or customers, such as barriers, distancing signs, hand sanitization centers, etc.
  • Expenses related to protective gear and sanitization such as masks, hand sanitizer, and disinfectant, including increased costs for utilizing these items.
  • Other expenses that are business-related and would not have been necessary if not for the COVID-19 pandemic.

For further information, please visit the U.S. Treasury's Updated June 30, 2020 Guidance for State, Territorial, Local, and Tribal Governments, or the U.S. Treasury's Frequently Asked Questions page.

 

REQUIRED DOCUMENTATION

The following documents are required for each application:

PRIORITIZATION

It is anticipated that there will be more funding requests than money available for the Summit

County CARES Small Business Grant Program. The County will review and rank applications to

prioritize disbursement of the funds. The applications will be prioritized according to the following criteria:

  • Equitable distribution of funds throughout the County based on population distribution.
  • Businesses that were unable to practice safe social distancing and needed to close, in accordance with state and local guidance (e.g. personal services, gyms, spas, etc.) or businesses that voluntarily closed or partially closed to promote social distancing measures, in accordance with state and local guidance.
  • Businesses within industry sectors that have experienced significant drops in employment within Summit County and have yet to recover.
  • Businesses that have been open for at least two years.
  • Businesses that did not receive any other federally-subsidized disaster assistance such as the Small Business Administration (SBA) programs (PPP and EIDL), the Federal Emergency Management Agency (FEMA), Community Development Block Grant (CDBG-CV) and state programs (Commercial Rental Assistance).
  • Minority, veteran or women owned businesses.
  • Businesses that facilitate higher levels of “re-spending.”

* Businesses that fail to meet all of the criteria above are still eligible to receive a grant award.

TECHNICAL ASSISTANCE

Businesses needing technical assistance with the Summit County CARES Small Business Grant Program can call (801.229.3691 or email jbedingfield@mountainland.org