> Windsor Recovery Grants: Applications Open!
Windsor Recovery Grants: Applications Open!
The town has allocated a total of $500,000 for this program, $200,000 of which is reserved for small businesses and nonprofits that have not previously received any federal or state recovery funds. An online application workshop will be held on Tuesday, November 16, 2021 at 2 p.m. Click here to register! Chamber members can call the Chamber hotline for 24/7 assistance at 860-688-5165 or email arpa@windsorcc.org. When will applications be available? How long will it take for applications to be approved and funds to be disbursed? The Town will receive online applications starting Tuesday, November 16, 2021 at 9 a.m. The application period will end Tuesday, December 7, 2021. Award notices will go out starting January 4, 2022, and disbursements are planned to begin on or about January 15, 2022. What businesses and nonprofits are eligible to apply? To be eligible, your business or nonprofit must:
Are sole proprietorships eligible? What about franchises? Yes! Sole proprietors and locally-owned franchises are eligible to apply. How much can I apply for? Eligible businesses and nonprofits may apply for grants of up to $10,000. Not all businesses or nonprofits approved for participation will receive the maximum amount. If awarded, the amount will be based upon the documented need of the business or nonprofit. Businesses and nonprofits must demonstrate economic hardship and demonstrate that the operating funds are necessary to sustain the business. How Do I Apply? Click here to access the application, starting 9:00 a.m. on Tuesday, November 16. Information required for the application includes:
How can I demonstrate economic hardship as a result of the public health emergency? Here are some examples of negative impacts from the COVID-19 health emergency:
Applicants must be able to demonstrate either a decrease in revenue AND/OR an increase in COVID-19 related expenses up to the amount of your request not to exceed $10,000. In the application narrative, applicants should be as specific as possible in demonstrating the financial impact by including cost estimates or information from actual receipts. What is the approval process? All applications will be reviewed for compliance with program requirements. The Town may seek additional information or backup if there are gaps in the information provided or there are questions about your application. $200,000 of the grant pool will be reserved for small businesses and nonprofits that have not previously received any federal or state recovery funds. If the number of applications that have not previously received federal or state funding exceeds $200,000 then the Town will implement a lottery system for those applicants. Businesses or nonprofits not chosen through this initial lottery, would be entered into a separate lottery along with other program applicants for the remaining program funds. If selected to receive a grant, the recipient must demonstrate an existing relationship with banking, accounting and/or financial advisors or agree to participate in a free business consultation with one of the following technical assistance providers within two months of grant award: CT Small Business Development Center; HEDCO; SCORE Hartford Chapter; or the Entrepreneurial Center & Women’s Business Center at the University of Hartford. How do I learn more? An online application workshop will be held on Tuesday, November 16, 2021 at 2 p.m. Click here to register! Chamber members can call the Chamber hotline for 24/7 assistance at 860-688-5165. |
