At the end of very last month, on January 31, the Milpitas Smaller Enterprise Aid Grant Plan was introduced by the Metropolis of Milpitas. Its function: to assistance metropolis companies hit difficult by COVID-19.
The funds for the grant plan — $1,500,000 in overall — will come from the federal government’s American Rescue Prepare Act (ARPA). A lot more than 280 tiny firms in Milpitas will receive grants amounting to $5,000 and/or no cost complex aid. Candidates can implement until March 1, 2022. The next demands ought to be met, and those people organizations meeting them will be entered into a truthful and transparent lottery:
- Employ concerning 1-25 staff members
- Operate out of a physical professional storefront within just the town limitations of Milpitas. Daycare centers positioned in physical industrial and/or house-centered spots are suitable for grants
- Have active and existing Town of Milpitas company licenses and
- Show good standing with the Metropolis of Milpitas (i.e., no code enforcement problems) and California Labor Commissioner’s Place of work.
The grant money must be set toward precise purposes, these types of as payroll, building business enterprise lease or mortgage payments, or meeting working charges.
Browse a Town push launch asserting the software, “The Silicon Valley Central Chamber of Commerce will provide cost-free complex help for applicants wanting alternative funding, promoting, creating business enterprise strategies, direction on personnel-connected problems, and total enterprise administration. The Milpitas Chamber of Commerce will support with internet marketing and outreach efforts for the plan.”
Explained Milpitas Director of Economic Growth Alex Andrade in the statement, “Nearly two several years into the pandemic, COVID-19 carries on to instill uncertainty into our lives and has basically reshaped the economy…Small organizations are still having difficulties to make ends satisfy, but the Milpitas Smaller Business Aid Grant Software can offer much necessary monetary guidance to enable neighborhood firms recuperate and construct resilience through these historic occasions.”
Daycare facilities and firms relating to health and fitness, recreation, and yoga are to receive precedence consideration, together with applicants to the 2020 Milpitas Microenterprise Grant Packages that did not end up getting grant help at that time. If these types of companies meet all the eligibility specifications, they might be equipped to acquire grants without the need of being entered into the lottery.
Applications can be submitted through the City’s on the net portal.