By Robert Haugh
Last Friday, the City accepted applications from small businesses impacted by COVID-19.
Starting tomorrow, grants will be awarded in $5,000 or $10,000 increments. It will be on a first-come, first-served basis to eligible Santa Clara businesses.
According to the City, there was a high volume of applicants. So the $500,000 currently available in grant funding will be exhausted.
According to the City’s press release:
“Since there’s not enough grant funding available to meet the small business need, the City hopes to announce a future round of small business assistance grants which will be dependent on funding from the private sector.”
Let’s hope the “NOT the Santa Clara Chamber” can step up to help our local businesses.
Here’s a link for more info on the Small Business Assistance Grant program.