Miami County applies for small business relief grant

This from the Kokomo Tribune: MIAMI COUNTY, IN- Miami County commissioners are asking the state for $250,000 to create a relief fund for small businesses hit hard during the state’s stay-at-home order during the COVID-19 outbreak.

Commissioners, in cooperation with Peru’s mayor and city council, applied for a grant from the Indiana Office of Community and Rural Affairs asking for the maximum allowed amount to establish what the county is calling the Small Business Stabilization Fund.

OCRA announced this funding opportunity on April 1, and county and city officials submitted an initial interest letter for the grant the next day. The final grant was submitted April 15.The county has proposed to disburse the grant funds in the form of small grants to qualified businesses to assist with operating costs, such as rent, utilities and insurance.

If the grant is approved, MCEDA would oversee the disbursement of funds to small businesses which qualify for the money.

Leave a Reply

Your email address will not be published. Required fields are marked *