Turlock companies experiencing monetary hardships as a consequence of COVID-19 can apply for assist via the Metropolis’s Small Enterprise Aid Grant Program via the tip of November.
This system is only one of some ways Turlock is spending almost $3.5 million in federal coronavirus reduction funding — $2.5 million from the CARES Act, and one other $849,000 from the U.S. Division of Housing and City Improvement. The appliance interval for the Small Enterprise Aid Program went dwell on Nov. 6 and can be open via Nov. 30.
“We’re seeing a terrific response to that, which actually simply kicked off Friday morning,” Metropolis Supervisor Tobi Wells mentioned throughout Tuesday’s Metropolis Council assembly, including that 30 companies had already utilized.
Along with the enterprise grant program, the Metropolis Council had beforehand directed workers to create an emergency COVID-19 Mortgage, Lease and Utility Help Program with the funding from HUD, in addition to assist the County StanRAD card centered on the downtown space. Turlock acquired $125,000 from Stanislaus County for this program, which matches as much as $100 of present card funds bought by group members for use at 40 downtown companies.
Whereas the unique allocation of StanRAD funding has already been used, the Metropolis authorised an extra allocation of $25,000 for continued assist of this system which can possible be made accessible Thanksgiving weekend for Small Enterprise Saturday.
A complete of $800,000 can be accessible via the Small Enterprise Aid Grant Program — companies with zero to 9 workers are eligible for as much as $15,000, these with 10 to 19 workers may obtain as much as $20,000 and the utmost grant quantity is as much as $25,000 for companies with 20 workers or extra.
In line with Wells, not one of the candidates can be scored till the appliance interval is closed. A further $10,000 can also be being allotted to Alternative Stanislaus, which is administering this system and offering monetary, materials and labor assets to create a chosen web site, market this system and assist companies with the grant utility course of.
To be eligible for the grant program, the enterprise have to be a Metropolis of Turlock-based enterprise, with principal enterprise amenities situated in Turlock. Companies have to be for-profit, however lending and funding establishments, insurance coverage corporations and corporate-owned nationwide chain companies and shops usually are not eligible.
Councilmember Andrew Nosrati requested Wells if enterprise house owners who might not communicate English, or these outdoors the center of downtown can be made conscious of the funding.
“I fear that what occurs right here is there are insiders who’re listening in, and those that are related to the powerhouses in Turlock are the primary ones that discover out about these items…by the point it reaches most people and those that are usually underserved, the timing has already handed,” Nosrati mentioned.
Wells identified that on the County stage, Alternative Stanislaus has already helped companies in underserved communities full the grant utility course of via a number of rounds of funding. The group additionally oversees the Valley Occupational Studying and Know-how Institute, to which the Metropolis Council allotted $50,000 in coronavirus funding in direction of scholarships to help Turlock residents with job coaching. A further $15,000 in funding was put aside for a “store native” marketing campaign to market Turlock companies in the course of the holidays.
To use for the Metropolis’s Small Enterprise Aid Grant Program, go to www.turlockbusinessrelief.com