Minority and Small Business Relief Grant Program (South Carolina)

Minority and Small Business Relief Grant Program (South Carolina) is sponsored by Spartanburg County, SC (via SC CARES Act Grant Programs). This program reimburses qualified minority and small businesses for COVID-19 related expenditures or revenue loss.

Individual and Business Resources | Spartanburg County, SC Create a Website Account - Manage notification subscriptions, save form progress and more. Individual and Business Resources Individual and Business Resources Coronavirus Aid, Relief, and Economic Security Act signed into law March 27th, 2020 https://www. congress.

gov/bill/116th-congress/senate-bill/3548/text Doing Business During COVID-19 Small Business Administration Small Business Guidance & Loan Resources South Carolina Association of Counties Coronavirus (COVID-19) Information Assistance for American Workers and Families In the weeks immediately after the passage of the CARES Act, Americans will see fast and direct relief in the form of Economic Impact Payments.

For more information, CLICK HERE . Assistance for Small Businesses The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.

Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.

For a top-line overview of the program CLICK HERE If you’re a lender, more information can be found HERE If you’re a borrower, more information can be found HERE The application for borrowers can be found HERE Paycheck Protection Program Resources SBA Paycheck Protection Program website Department of the Treasury CARES Act website IRS: Employee Retention Credit available for many businesses financially impacted by COVID-19 ( HERE ) The Treasury Department and the Internal Revenue Service today launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll.

The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19.

Treasury and IRS Release FAQs to Help Small and Midsize Businesses Navigate Paid Sick and Family Leave Tax Credits ( HERE ) The U.S. Department of the Treasury and the Internal Revenue Service are offering small and mid-size employers more information on refundable tax credits that reimburse them, dollar-for-dollar, for the cost of providing their employees paid sick and family leave wages related to COVID-19.

Department of Labor Announces New Paid Sick Leave and Expanded Family and Medical Leave Implementation ( HERE ) The U.S. Department of Labor today announced new action regarding how American workers and employers will benefit from the protections and relief offered by the Emergency Paid Sick Leave Act and Emergency Family and Medical Leave Expansion Act, both part of the Families First Coronavirus Response Act (FFCRA).

The department’s Wage and Hour Division (WHD) posted a temporary rule issuing regulations pursuant to this new law, effective today, April 1, 2020. The SC CARES – Minority and Small Business Relief Grant Program is here! This program provides grants to minority and small businesses to reimburse qualifying expenditures for providing services or revenue loss due to COVID-19.

Grant Awards will range from $2,500 to $25,000 Application Dates: Monday, October 19th thru Sunday, November 1st To learn more and to apply, please visit https://accelerate. sc.

gov/cares-act/applying-sc-cares-act-funds If you have questions, please contact SC CARES Call Center Monday through Friday | 8:30 AM to 5:00 PM Phone: 803-670-5170 | Email: [email protected] Gov. Henry McMaster Announces Minority, Small Business and Nonprofit Relief Grant Application Start COLUMBIA, S. C .

– Gov. McMaster today announced that two new South Carolina CARES Act grant programs, the Minority and Small Business Relief Grant Program and the Nonprofit Relief Grant Program, will begin accepting applications on Monday, October 19, 2020. The programs will provide financial reimbursement to South Carolina's small businesses and nonprofits for COVID-19 related financial or operational impacts.

"Small businesses are the lifeblood of South Carolina's economy, and many small businesses have been financially devastated by the COVID-19 pandemic," said Gov. Henry McMaster. "These grants will help keep the doors open at many of our small businesses and will invigorate and accelerate our economic recovery.

I encourage every single eligible small business and nonprofit to use resources available through accelerateSC to be prepared to apply for the program with it opens Monday." The Minority and Small Business Relief Grant Program will reimburse qualified recipients from $2,500 to $25,000. To qualify, minority and small businesses must employ 25 or fewer employees and be physically located in South Carolina.

A full list of grant eligibility requirements can be found here . The Nonprofit Relief Grant Program will reimburse qualified recipients from $2,500 to $50,000. To qualify, nonprofits must be designated as a 501(c)(3) nonprofit organization by the Internal Revenue Service, be registered as a public charity with the South Carolina Secretary of State, and be physically located in South Carolina.

A full list of grant eligibility requirements can be found here, on accelerateSC's website . The online application process for both grants will open Monday, Oct. 19, and run through Sunday, Nov.

1. At that time, the application can be accessed here . For help with the application process contact the SC Cares Call Center at 803-670-5170 or by email at [email protected] .

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