The Governor’s Office of Economic Development announces its most recent grant to assist Utah small businesses, nonprofits, and organizations, recovering from the coronavirus pandemic.The $15 million 2021 Impacted Small Business Catalyst Grant begins accepting applications on April 20, 2021, at 9 a.m. and closes on April 27, 2021, at 5 p.m. (MDT).
This grant will assist small businesses, nonprofits, and organizations that experienced
1) a high level of revenue decline in a consecutive four-month period in 2020 compared to the same period in 2019,
2) or, began operations after Jan. 1, 2020, and can demonstrate the effects of COVID‐19 on the business,
3) and provide evidence of continuing solvency.
The first tranche of funds will be awarded to applicants that demonstrate a revenue loss of 90% or greater. If funds are still available, the application will open to businesses that demonstrate an 80% or greater loss. To learn more about eligibility, required documentation, additional program details, and submit applications, visit coronavirus.utah.gov/business. Any questions or inquiries about the Small Business Catalyst Grant may be directed to email@example.com.