December 28, 2021    

January 6 & January 18:
COVID RELIEF GRANT PROGRAM WEBINARS

New COVID Relief Now Available
Business Recovery Grant Program

Businesses that suffered economic loss during the pandemic may be eligible for a one-time payment of up to $500,000 through the Business Recovery Grant Program.

Businesses that may be eligible for the Business Recovery Grant Program include: Arts, Entertainment, Recreation, Hotels, Restaurants, Bars, and Food Services, among others. Applications must be received by January 31, 2022.

The N.C. Dept. of Revenue, which is administering the program, is conducting two webinars to provide help and information on the program and instructions for applying:

BUSINESS RECOVERY
GRANT PROGRAM WEBINAR
Thursday, January 6 | 2–3 p.m.

BUSINESS RECOVERY
GRANT PROGRAM WEBINAR
Tuesday, January 18 | 10–11 a.m.

Program Overview & Eligibility

The Business Recovery Grant Program will issue a one-time payment to eligible North Carolina businesses that experienced significant economic loss due to COVID-19. Two types of grants will be available to eligible businesses (including sole proprietorships) that suffered an economic loss of at least 20% during the pandemic:

• HOSPITALITY GRANT: Available to eligible businesses classified within NAICS codes 71 (broad category of Arts, Entertainment, Recreation) and 72 (broad category of Accommodations, Food Services) and subject to NC income tax.

Search businesses in NAICS Code 71 here >>

Search businesses in NAICS Code 72 here>>

• REIMBURSEMENT GRANT: Available to an eligible business subject to NC income tax and not classified in NAICS Code 71 and 72 and did not receive funding from other relief programs including PPP, COVID-19 Job Retention Grant, EIDL Advance, SVOG, Restaurant Revitalization Fund.
  

Grant amounts will be determined at the conclusion of the application period. All payments will be made by check once the amounts are determined after the application period closes.