The CEP has partnered with the Marion County Board of County Commissioners to distribute $7.1 million dollars of CARES Act funds to local businesses struggling in light of COVID-19.
Our number one goal is to ensure that our community is vibrant and prosperous, and the key to that is to have a vibrant, prosperous business community. As a result, we have a program to meet nearly every business need.
Businesses do not have to be CEP Partners to apply. Funds are available to businesses in the following breakdown:
Bridge to Recovery Program – The Bridge to Recovery Program seeks to assist businesses with 25 or fewer employees who have been experiencing continuing negative impacts as a result of the
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COVID-19 pandemic.
- The businesses will need to submit an online application demonstrating the negative impact of COVID-19 and will be able to receive up to $15,000.
Moving Forward Program – The Moving Forward Program seeks to assist businesses with 26-100 employees who have been experiencing continuing negative impacts as a result of the COVID-19 pandemic.
- The businesses will need to submit an online application demonstrating the negative impact of COVID19 and will be able to borrow up to $40,000.
Testing Capacity Enhancement Grant – The Testing Capacity Enhancement Grant program seeks to assist private labs, clinics, and physician offices which are looking to increase their testing capacity. Business may apply one time for a reimbursement of up to $30,000 for expenses which demonstrate their intention to increase their testing capacity beyond what was previously available.
Preparing for the Future Grant Program – The Preparing for the Future Grant Program seeks to assist businesses who are working to address needs to directly combat COVID-19.
- The business will need to submit a business plan which outlines how this business is addressing pandemic related needs and proof of financing.
- The business will be able to receive up to $3,000 per job to be created up to $300,000.
Project Operating Safely (PPE Reimbursement Program) – Project Operating Safely will provide up to $3,000 in reimbursements to local businesses with fewer than 100 employees for the
purchase of necessary personal protective equipment (PPE) and other health and safety-related items and services; businesses with more than 100 employees are eligible to be reimbursed up to $10,000. Businesses may apply once for a reimbursement and funds will be allocated on a first come, first serve basis. The entire application process will be completed online.
Each funding category has qualifications and exclusions, all of which are available at MovingBizForward.com