Small Business Recovery Grants

Apply for Downtown Jeffersonville Small Business Recovery Grants

Jeffersonville Main Street, Inc. is committed to the sustainability of businesses in downtown Jeffersonville during the economic hardships from the impacts of the Coronavirus Pandemic and its associated emergency orders. To help in these efforts, Jeffersonville Main Street, Inc., Jeffersonville’s nonprofit downtown revitalization organization, is creating a fund to assist small businesses in our downtown area.  Our goal is to raise $40,000 with hopes to award as many grants as possible to help businesses during this crisis.  We welcome and encourage businesses, organizations, and individuals to help us achieve our goal by contributing to the fund. Jeffersonville Main Street, Inc. is committing $10,000 as seed money for the fund.

GRANTS: Grants will be awarded to applicants approved by the grant review committee.  Maximum grant award will be $3,000.  A Downtown Jeffersonville Small Business Recovery Grant is subject to availability of approved, appropriated funds.  Funding for this grant program is limited, and therefore partial grant awards to applicants may be necessary. Approved applicants must use grant dollars by December 1, 2020. 

USES OF GRANT FUNDS: Grant funds may be used for approved business-related operational costs, such as rent, utilities, or development of an e-commerce site for the business. 

CRITERIA:
1. Applicant must be an independently-owned, bricks and mortar retail, restaurant, or personal care business with under 25 employees operating in Jeffersonville, Indiana, and located within the grant program’s designated target area of the Jeffersonville Urban Enterprise Zone.
2. An eligible business cannot be part of a national retail or restaurant chain.
3. An eligible business must have been closed or partially closed during normal business hours under Indiana Governor Holcomb’s Declaration of Public Health Emergency for COVID-19.  

4. Applicant must have already applied for SBA Economic Injury Disaster Loan or will apply within 30 days of being awarded a Downtown Jeffersonville Small Business Recovery Grant.
5. Applicant must have already applied for the federal government’s Paycheck Protection Program or will apply within 30 days of being awarded a Downtown Jeffersonville Small Business Recovery Grant.
6. If Grant Awardee has multiple locations including site(s) outside of downtown Jeffersonville, all grant funds from the Jeffersonville Small Business Recovery Grant must be used in association with a downtown Jeffersonville business location.
7. Businesses that close or relocate within 12 months of being awarded a Downtown Jeffersonville Small Business Recovery Grant will be required to repay the grant award in full to Jeffersonville Main Street, Inc.
 
GRANT TARGET AREA: Bricks and mortar retail, restaurant, or personal care businesses located within the Jeffersonville Urban Enterprise Zone boundary. Click on this link to see the grant boundary.

 

Click Here to Apply for a Small Business Recovery Grant 

Donate to the Small Business Recovery Grant Fund