- October 19, 2020
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Two New SC CARES Act Grants Available Now
October 19, 2020 – If your SC business has experienced a hardship due to COVID-19, we have encouraging news! The SC Department of Administration announced a $40 million grant program for small businesses for revenue loss due to COVID-19. Beginning October 19 through November 1, business meeting the qualifications below can apply for grants ranging from $2,500 to $25,000. The two grants available under this program include: the Minority and Small Business Relief Grant Program & the Nonprofit Relief Grant Program.
The qualifications for these two grants are as follows:
- Minority and Small Business Relief Grant Program
*Priority will be given to minority-owned businesses, businesses that have not received other federal assistance such as a PPP loan, and businesses with 15 or fewer employees.
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- have 25 or fewer employees
- physically have been in operation in South Carolina from Oct 13, 2019 to present
- have experienced a COVID-19 business impact.
- Qualifying expenditures include:
- Business staffing costs
- Business operating costs
- Facility costs
- Personal Protective Equipment
- Revenue loss
- Qualifying expenditures include:
-
- To view a list of acceptable documentation, please click here: Minority & Small Business Grant Overview
- To apply, please click here: Minority & Small Business Application
- Nonprofit Relief Grant Program
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- be designated as a 501(c)(3) nonprofit organization by the IRS
- registered as a public charity in SC
- physically located in South Carolina
- be in operation Oct 13, 2019 to present
- have experienced a business impact due to COVID-19
- Qualifying expenditures include:
- Organizational staffing costs
- Organizational operating costs
- Facility costs
- Personal Protective Equipment
- Revenue loss
- Qualifying expenditures include:
-
- To view a list of acceptable documentation, please click here: Nonprofit Grant Overview
- To apply, please click here: Nonprofit Grant Application
The grant award notifications will be sent out to recipients between December 8-15.
If you or your company is interested in discussing either one of these grant programs, please contact our office at (864) 226-0306.