POCATELLO -- After getting the go-ahead from the State of Idaho, the City of Pocatello is extending its deadline for businesses and organizations affected by the COVID-19 pandemic to apply for a small business grant.
Through the program, businesses and organizations may be awarded up to $10,000 on a first-come, first-served basis for qualified expenses. The new deadline to apply is Wednesday, January 13 at 5 p.m.
To be eligible for the program the:
- Business must be a small business, defined as businesses with 500 employees or less
- Business must have an official EIN #
- Business must be an Idaho domiciled business and located in the Pocatello city limits
- Business must be in good standing and not federally debarred from receiving funds
- Business must have a qualified business interruption or expense caused by COVID-19 related incidents or decisions, including but not limited to local closure orders, need for personal protective equipment, social distancing requirements, increased costs, disrupted supply network, etc.
- Business has not received funds for the current purpose by other COVID-19 grant programs
- Adverse effects and expenses planned for the use of the grant must occur between June 20, 2020 and December 30, 2020
- Business 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
- Business is not currently in bankruptcy
- Business is current with property taxes, or has a payment plan in place with the County
- Business has liability insurance in place by date of executed agreement
- Business is registered with IRS and Idaho Business Registration Secretary of State
For more information and to apply, visit bit.ly/2HOh3VM. Completed applications can be sent via email to pocatellosmallbusinessgrant@pocatello.us.
Last year, the City set aside $250,000 from Governor Brad Little’s Coronavirus Financial Advisory Committee’s funding allocation to the City to be used for grants for local businesses and organizations. Currently, there is $104,000 in funding left.
Business owners or managers with questions about the program are asked to contact Logan McDougall, Public Information Officer, at 208-234-6281.