Clark County Commission voted to approve $19 Million in Federal relief funding for small business support grants. These grants will be available for application in the near future, and can be found on the Clark County website under the Economic Development page.
The grants available have been broken into three categories as follows:
1. Small Business Stabilization Grant - provides up to $10,000 for working capital expenditures such as rent, payroll, utilities, inventory, licensing fees and other similar expenses.
2. Small Business Rental Assistance - designed specifically to pay up to $10,000 of rent for small businesses in actual rent arrears. Businesses that receive the Small Business Stabilization Grant, or relief funds from federal or local sources are ineligible.
3. Small Business Protective Retrofit Grant - designed to award up to $5,000 to reimburse businesses for the cost of additional safety equipment and training to help prevent the spread of COVID-19. These costs may include, but are not limited to, one time purchases of PPE, one time purchases of screening tools, one time purchases of training for employees and facility modifications such as plexiglass, hand washing stations, no touch doors or walk up windows. Businesses that receive the Small Business Stabilization Grant, or relief funds from federal or local sources are ineligible.
Eligible Business Requirements:
These grants are available to small businesses with 20 or fewer employees which have not received any other form of federal assistance (such as EDIL or PPP) or assistance from any of the local City Governments. These grants will be selected on a lottery basis from applicant pools. Certain businesses are ineligible, whether by receipt of other relief funding sources or business model, for more details, see the link above for the County’s requirements.