Deadline: 18-Dec-20
The City of Hailey is seeking applications for its Small Business Grant Program to provide resources to those affected by the pandemic.
Funding Information
- The Hailey City Council has designated $200,000 from the City’s CARES Act funding to provide grants to assist small businesses impacted by COVID 19.
- Qualifying businesses and organizations can receive up to $10,000 in the form of reimbursements for eligible COVID-19 related expenses. Grants will be distributed on a first-come, first-served basis.
Eligible Funds
The State of Idaho identifies eligible expenses as Personal Protective Equipment (PPE) and Employee Testing, Inventory, Equipment, Rent and Utilities that are necessary COVID-19 related expenditures not accounted for in operating budgets as of March 27, 2020. Examples include, but are not limited to:
- COVID-19 related expenses incurred between June 20 and December 30, 2020, not previously reimbursed by other State and Federal CARES Act programs or insurance.
- Operating costs from businesses that have experienced interruptions caused by required closures.
- COVID-19 related expenditures to purchase inventory, supplies including cleaning and sanitation supplies, PPE for employees or customers, furniture, fixtures and equipment.
- Measures to support social distancing or safety to combat COVID-19 including testing for employees.
Ineligible Funding
- Expenses incurred prior to June 20, 2020, or after December 30, 2020.
- Purposed for which an entity has received funding from any other emergency COVID‐19 grant program.
- Payroll or benefits expenses including workforce bonuses, hazard pay and overtime.
- Repayment of non‐business debt, such as personal credit cards, for purchases not associated with the business.
- Personal expenses such as buying a new family car, making home mortgage payments or funding repairs or improvements to a participant’s home.
- Installation of equipment (including construction, renovations, alterations, and repairs not limited to painting or decorating).
- Direct financing to political activities or paying off taxes or fines.
- Purchases personal items or support other businesses in which the applicant may have an interest.
- Damages or loss of business covered by insurance.
- Reimbursement to donors for donated items or services.
- Severance pay.
- Legal settlements.
Eligibility Criteria
Business/Organization must meet all of the following criteria:
- Have an official EIN number.
- Idaho domiciled business.
- In good standing and not federally debarred from receiving funds.
- Have a qualified business interruption or expense caused by COVID-19 related incidents or decisions at Hailey facilities, including but not limited to local closure orders, need for personal protective equipment (PPE), social distancing requirements, increased costs, disrupted supply network, etc.
- Has not received funds for the current purpose from other COVID-19 grant programs or insurance.
- Does not exist for the purpose of advancing partisan political activities or the business does not directly lobby federal or state officials, defined as having had a registered lobbyist at any point during 2020.
- Has 500 or fewer employees as of March 27, 2020.
- Operates and has a business address in Hailey city limits, as reflected in the registry of the Idaho Secretary of State.
- Compliant in all respects with all COVID-19 related orders, laws, ordinances, and regulations.
For more information, visit https://www.haileycityhall.org/