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.

• • 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

• • 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

• • 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

• • 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.