This Small Business Grant opportunity is being made available for Small Businesses that have been affected by the COVID-19 Pandemic. If eligible, your respective business could receive up to $10,000.
Grant Calculation:
Provide a grant amount based on 2020 revenue of the company. If revenue is:
- Less than $25k, the award is $2,500 (if funded last program, award is $1,250)
- $25k but less than $100k, the award is $5,000 (if funded last program, award is $2,500)
- $100k but less than $500k, the award is $7,500 (if funded last program, award is $3,750)
- Greater than $500k, the award is $10,000 (if funded last program, award is $5,000)
Eligibility Criteria:
In order to qualify for a Camden County RECOVERS Small Business Grant grant program, the applicant must meet the following criteria:
- Business revenue has been negatively impacted by the COVID-19 pandemic.
- The business has been located in Camden County since January 1, 2019 or earlier.
- The business employed 25 or fewer employees as of March 1, 2021.
- The business earned $5,000,000 or less in total revenue during each year of 2019 and 2020.
- The business must not operate in any of the following categories:
- Banks or other financial institutions.
- E-Commerce.
- Businesses where the primary products or services are oriented to specific ages (vaping, liquor stores, etc.)
- Franchises, except for those franchises which are completely locally-owned and operated.