The York County Commissioners voted to allocate a portion of the Coronavirus Aid, Relief and Economic Security (CARES) Act funding to support a small business and nonprofit organization grant program. The YoCo Strong Restart Fund will be administered by the York County Economic Alliance and Community First Fund.
York County will dedicate $10 million for small business support and $4 million for nonprofit support. Grant amounts will range from $10,000 to $35,000 for eligible organizations negatively impacted by the COVID-19 pandemic.
Below are the grant program details provided by the York County Economic Alliance:
- Application will open the week of August 24 and remain open for 10 days.
- The program is not “first come, first served” basis. On YoCoStrong.org you can sign up to receive timely updates on the application opening.
- Applications and guidance are available in English and Spanish.
- Once applications are received, a third-party vendor will process applications based upon scoring method and do all necessary underwriting, background check, and fraud protection.
- Grant amounts range from $10,000 to $35,000 available to small businesses and nonprofits negatively affected by the COVID-19 pandemic and related statewide business closure.
- Grants are available only for businesses with annual gross revenues (prior to March 1, 2020) of $3 million or less and with fewer than 50 full-time equivalent employees (FTEs).
- Grants are available to restaurant businesses with fewer than 75 full-time equivalent employees (FTEs), no capped annual revenue for restaurants.
- Grants are available for nonprofit organizations with annual revenue (prior to March 1, 2020) of $3 million or less and with fewer than 75 full-time equivalent employees (FTEs).
- Funding will be prioritized to those most vulnerable businesses and organizations, businesses owned by persons of color or low to moderate income individuals, and to those who were unable to secure other funding support, such as through the SBA PPP program. Nonprofit organizations specializing in childcare, food security, housing stability, and rapid re-employment services will be prioritized as well.