The Morris County Board of County Commissioners recently announced the development of the Morris County Small Business Grant Program in recognition of Small Business Saturday, a national shopping holiday created to encourage consumers to support local businesses. The program will be developed to provide federal fiscal recovery funding to local, small businesses and entrepreneurs impacted by the pandemic.
The grant program will provide grants up to $15,000 to reimburse small businesses and non-profit organizations for specific pandemic recovery expenses. The Board of County Commissioners plans to allocate $5 million from American Rescue Plan Act funding to support the grant program.
Information about the application process and further details will be shared as the program is finalized and officially launched. The Small Business Grant Program eligibility requirements include:
- Available to businesses with 25 or fewer full-time employees (or equivalent)
- In operation since January 1, 2019
- Located within Morris County
- Less than $5 million in sales/revenue
- Proof of a decline in sales/increased expenses due to the COVID-19 pandemic
In addition to the Small Business Grant Program, the Morris County Commissioners adopted a resolution urging residents of Morris County to observe “Small Business Saturday” by shopping locally this Saturday, November 27, 2021.