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Small Business Working Capital Grants (Administered by Kansas Dept. of Commerce through the SPARK task force) is sponsored by Kansas Department of Commerce. This program used federal CARES Act funding to provide grants to small businesses and nonprofits that incurred losses greater than 25% of revenues during the COVID pandemic.
The grants could be used for lost working capital, payroll, rent, mortgage insurance, utilities, etc.
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KGFA | Kansas Dept. of Commerce Announces State Grant Program for Businesses Affected by COVID Pandemic Kansas Dept. of Commerce Announces State Grant Program for Businesses Affected by COVID Pandemic 13 Aug Kansas Dept.
of Commerce Announces State Grant Program for Businesses Affected by COVID Pandemic Development and Connectivity grant program is a new COVID response program that will use $60 million from the federal Coronavirus Aid, Relief and Economic Security ( CARES ) Act to provide grants to small businesses and nonprofits that have incurred losses greater than 25% of revenues during the COVID pandemic, among other eligible categories.
The program is being administered by the state’s Strengthening People and Revitalizing Kansas (SPARK) task force and the Kansas Dept. of Commerce. information as soon as it is available.
the State Finance Council had approved $50 million in funding from the federal CARES Act funding for expanded internet connectivity statewide , and up to $5 million for spending of federal COVID-19-response funds for economic made available at www. kansascommerce. gov/covidrelief/ at 4:00 p.
m. , Thursday afternoon. Answers to Frequently Asked Questions are still under development.
Please email specific program questions to your association staff or to the KS Dept. of Commerce at backtobusiness@ks. gov .
The grant application process opens next Wednesday, August 19, 2020. apply as an individual business can be used for lost working capital, payroll, rent, mortgage insurance, utilities, etc. for profit and not for profit (to include 501 (c)(6)?
KDOC specifically says this program includes 501(c)6 Must be able to demonstrate loss of at least 25% of gross revenues from Jan 1, 2020 through June 30, 2020 versus previous 6 months determinations of grants will be based on amount of loss, number of employees, etc grant awards will range from $2500 to $100,000 individual maximum award amounts will vary by sector, company cannot have received more than $350,000 in other state/federal COVID related assistance ( PPP loans, EIDL, county assistance, etc .)
max grant awards can be appealed PPE Manufacturing Grant : re-tooling a facility to produce PPE cannot have already been reimbursed by federal local government funding program hand sanitizer production IS considered PPE per $60 million in grants (unserved and underserved maximum grant award of $10 million internet service providers, cities, counties, projects must serve significantly unserved areas matching funds are required priorities to provide service in areas with inadequate or no access to affordable broadband, other considerations facility design improvements for COVID response no need to demonstrate a loss in revenue $100 FTE, maximum of $10,000 grant Slides will be available at www.
kansascommerce. gov/covidrelief/ at 4:00 Thursday afternoon. FAQs are under development.
More information (data sheets) will be available at the economic connectivity portal at kansascommerce. gov. Email specific grant program questions to backtobusiness@ks. gov .
The grant application process opens next Wednesday, August 19, 2020.
According to the current listing, eligibility includes: Small businesses with under 500 employees that could demonstrate a loss of at least 25% of gross revenues from January 1, 2020 through June 30, 2020 versus the previous 6 months. Confirm the full requirements in the official notice before applying.
The current listing shows $2,500 to $100,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Small Business Working Capital Grants (Administered by Kansas Dept. of Commerce through the SPARK task force) is funded by Kansas Department of Commerce. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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