Concord Opens Another Round Of Small Business Reimbursement Grants

Press release from the City of Concord:

July 10, 2023

The City of Concord, in partnership with the Greater Concord Chamber of Commerce, is launching the second round of a $2 million grant program to help small businesses continue their recovery from the economic strain caused by the COVID-19 pandemic.

Utilizing $2 million of the funds that the City received from the federal government as part of the American Rescue Plan Act, Concord provided one-time reimbursement grants of up to $5,000 to 176 small businesses in the first round in fall 2022. Another 207 grants will be awarded in the second and final round opening this month.

The online application for the final round will open July 31 and close Aug. 11. Various resources are available to support applicants, including an instructional video and in-person office hours. Assistance in Spanish is also available.

The reimbursement grant is intended to help businesses recover typical operating costs such as rent/lease payments, utilities, payroll, inventory, facility repairs, upgrades, and other expenses. Applicants are considered based on priority criteria outlined in the application, and a lottery will be initiated if number of qualified applicants exceeds the amount of available funding.

Awarded applicants will receive funding after submitting proof of payment for eligible activities by Jan. 5, 2024.

Read the full press release.

Visit Grant Program Web Page.

This press release was produced by the City of Concord. The views expressed here are the author’s own.