New Grant Funding Available for Nebraska Small Businesses and Non-profits

On Monday, October 19, Nebraska Governor Pete Ricketts announced a new round of grant funding available to assist local small businesses and non-profits.

As part of the Coronavirus Relief Fund, the State of Nebraska received $1.25 billion in federal assistance to address coronavirus-related needs across the state.  These funds are being used to assist in the State’s direct response to the coronavirus pandemic, as well as providing assistance to Nebraska businesses, non-profits, and public healthcare providers who have been adversely impacted due to the pandemic.

The governor announced a targeted grant program to support various industries. The application window opened October 21, 2020 and closes November 13, 2020 with funds being expensed by December 30, 2020.

The grant program is aimed to support businesses in industries particularly hard-hit due to the pandemic. A second round of funding is available through the following programs:

  • Community CARES Grant Program

$48.5 million of additional funds will be awarded to assist non-profits and care providers as they respond to needs arising from the coronavirus pandemic.

  • Business and Livestock Producer Stabilization Grant Program

On a first come, first served basis, $25 million will go to fund a new round of grants to eligible businesses and ag producers who have not yet received assistance.

Other industries eligible for the grant program include:

  • Restaurants and Bars
  • Cosmetic, Massage, and Body Art Services
  • Event Centers and Sports Arenas
  • Hotels and Convention Centers
  • Ethanol Producers
  • Zoos
  • Movie Theaters

If you qualified for the Small Business Stabilization Program earlier this year and did not apply and receive funding you are eligible to apply for funding now.

To start the application process visit coronavirus.nebraska.gov/Programs&Grants. The BerganKDV team will continue to monitor this legislation and is available to help with the grant application process, please reach out to our team with any questions. Contact Us.

CATEGORIES: Tax, Audit & Accounting
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments

SUBSCRIBE

Let us know a little about yourself! We’ll deliver timely news straight to your inbox.