MORRIS COUNTY – The Morris County Small Business Grant Program, launched on Valentine’s Day, has received 518 applications to date from store owners, service providers, non-profit organizations and entrepreneurs, while nearly 150 of these small businesses are in the process of getting their grants approved.
Most applications for final approval will provide each qualifying business and nonprofit with the maximum grant amount of $15,000. Although the remaining applications are still under review, the program remains open to new applications. Businesses, as well as non-profit organizations, are welcome to take advantage of the grant offer. There is no cost to apply.
Click here to apply for the grant.
The Morris County Board of Commissioners has committed $10 million in American Rescue Plan Act (ARPA) dollars to the program, which is designed to provide grants of up to $15,000 to reimburse small businesses and non-profit organizations for specific pandemic recovery expenses. Expenditures must have been incurred on or after March 3, 2021 – a schedule established under ARPA guidelines.
Small Business Grant Program eligibility criteria include, but are not limited to:
The business has 25 or fewer full-time employees (or equivalent)
· In operation since January 1, 2019
· Located in Morris County
Less than $5 million in sales/revenue
Evidence of decreased sales/increased expenses due to the COVID-19 pandemic
Click here to read the qualifications and apply.
Federal guidelines covering the grant program will determine exactly what expenses are eligible for coverage under the grant program and what claims can be approved.
Grants are capped at $15,000 per applicant. However, business owners and nonprofits are encouraged to submit applications that include all costs that they believe may qualify for the grant, even if the total amount of a single application exceeds $15,000. .
A final review may determine that some costs submitted for review are not covered by program guidelines. However, by submitting all expenses that may be eligible, applicants increase the possibility of obtaining the maximum grant dollars possible.