$75 Million in Financial Grants to Oregon Small Business Coming Available, Nov. 19

BACC release – The Oregon legislature and Governor Brown approved $20 million more to Business Oregon’s Emergency Business Assistance Grant Fund. The application for this new round of funds will be available beginning this Thursday on Business Oregon’s website. Applications will be reviewed on a first-come first-served basis.  The grants are available to small businesses that have seen lost revenue due to the pandemic, and that meet a minimal set of requirements. Businesses are eligible to receive up to $200,000 in grant funding as detailed in the grant application. To be eligible, a business must show it was prohibited from operations by the Governor’s Executive Order 20-12, or demonstrate a 25% reduction in sales over a 30-day period in 2020 compared to a comparable period in 2019. This Thursday, the application form and additional details will be found on Business Oregon’s website in multiple languages. Grants will be reviewed on a first-come first-served basis and will be allocated so that there is an equitable geographic distribution of funds as dictated by the Oregon Legislature.