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Home » State Offers Grants to Small Businesses for COVID-19 Relief

State Offers Grants to Small Businesses for COVID-19 Relief

Published by Scott Stewart on Sun, 06/14/2020 - 8:22pm

(Picjumbo.com via Pexels)
By 
Grant Schulte
The Associated Press

Nebraska small businesses and livestock producers that took a hit from the coronavirus pandemic will get the chance to apply for financial assistance starting Monday, state officials announced.

The state will award grants of at least $12,000 to eligible businesses with five to 49 employees and livestock producers with one to 10 employees. The programs are a part of the $1.1 billion the state received from the federal government’s coronavirus relief package.

Gov. Pete Ricketts said state officials will distribute the money on a first-come, first-served basis. The application window begins Monday at 8 a.m. and ends Friday, June 26.

Nebraska businesses have suffered major financial losses during the pandemic, and a survey last month by the University of Nebraska Omaha found that one in six are afraid they may have to close permanently.

The state’s farm economy, likewise, has lost an estimated $3.7 billion in revenue since the outbreak began, according to an analysis this week by the Nebraska Farm Bureau. Based on the $100 million available for the farm program, state officials predict that more than 8,300 small livestock producers could qualify for aid.

“These new programs are designed to get the economy going,” said Tony Goins, director of the Nebraska Department of Economic Development.

State officials will also funnel money into job-training programs and community college scholarships for residents who are now unemployed because of the pandemic. Another program will expand broadband in rural areas that lack high-speed service and offer leadership training to small businesses to help them succeed after the pandemic.

Program details are available online at getnebraskagrowing.nebraska.gov.

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