LAS VEGAS (KTNV) — Clark County Commissioners announced the resumption of a grant program for small businesses affected by the coronavirus pandemic Tuesday morning at the Kaizen Crossfit Gym.
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County officials say the gym was one of 500 small businesses in Clark County to receive assistance under two grant programs previously offered by the county.
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"These are not loans, these are grants, so they don't need to be paid back," said Commissioner Micheal Naft, encouraging businesses to apply.
HAPPENING NOW: @ClarkCountyNV is announcing a new round of small business grants.@MichaelNaft begins the presentation talking about the first round of successful grant distribution.
— @SeanKTNV (@seanktnv) September 8, 2020
500 businesses got help on round 1. @KTNV pic.twitter.com/rGpUjJ7jUm
"Small businesses are critically important for our economy, providing needed services and jobs for thousands of Southern Nevadans," Commissioner Justin Jones said.
"Through this program, we hope to ease the financial strain on local businesses and keep them open," Jones added.
HOW TO APPLY
Round two of the county's Small Business Stabilization Grant will award local businesses up to $5,000 or $10,000 - depending on how many employees the business has - for working capital, which includes general expenditures such as rent, utilities, inventory, or payroll.
To learn more or apply, click here.
ELIGIBILITY REQUIREMENTS
- The business location must be within Unincorporated Clark County The business address on the business license will be used to confirm jurisdiction. Businesses within Incorporated Cities are NOT eligible: (Las Vegas, North Las Vegas, Henderson, Boulder City, and Mesquite)
- Must have 20 or fewer full-time employees as of March 15, 2020. Sole proprietor and home-based business are eligible
- Must have an active Clark County business license. A copy of the business license will be needed. NV State licenses are insufficient by themselves
- Business must have been operating on or before September 15, 2019. The date on your business license will be used to determine operational dates.
- Must have an actual financial hardship (financial statements from 2019 & 2020 will be reviewed)
- Must not have any federal, state, or county tax liens.
PREVIOUS COUNTY GRANTS
The Clark County Small Business Rental Assistance program paid $10,000 to any small business owner for unpaid rent to protect them from eviction following the expiration of Gov. Steve Sisolak's commercial eviction moratorium in July.
The second grant program, the Small Business Protective Retrofit Grant, would pay owners $5,000 to buy Personal Protective Equipment for employees and install protective equipment like Plexiglas barriers and no-touch doors.
Those grant programs expired on Aug. 11.
Watch a replay of the Sept. 8 program announcement: