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More than $3.2 million in American Rescue Plan Act grant money will soon be available to local small businesses impacted financially by the COVID-19 pandemic.
The money for the Small Business Recovery Grant program is part of a $68 million ARPA allotment awarded to the city. The program is being managed by the Bristol County Economic Development Consultants.
BCEDC Vice President Ken Fiola said an application is available on the agency’s website now. Applications will be accepted on Feb. 1.
“Businesses will be required to submit their taxes, telling us how they are impacted by COVID,” said Fiola. “All the businesses to qualify will have to show that they made more money in 2019 than they did in 2020, and the reason they didn’t make the same amount of money was because of the pandemic.”
Read the Full Story at the Fall River Herald News
Photo by Colin Furze
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