To mitigate the impact of COVID-19 on Madison County small businesses and their employees, Madison County is providing emergency financial support through the Madison CARES Small Business Assistance Grant Program.
The program is designed to assist qualified small businesses that are negatively impacted by the COVID-19 pandemic due to Stay at Home Orders. The program will provide one-time grants of up to $5,000 to help offset the significant, temporary loss of revenue to these qualified businesses during this pandemic and to assist businesses in retaining and paying employees.
The County has initially identified up to $75,000 in emergency relief funds to support the small businesses hardest hit by the pandemic, specifically local businesses with a commercial location in the County. The source of funding for this grant program is the Coronavirus Aid, Relief, and Economic Security (CARES) Act federal stimulus package.
The objective of this program is to offer immediate financial assistance to small businesses in Madison County to aid in maintaining their business and workforce.
Up to $5,000 is available for qualifying licensed small businesses located in Madison County with 1 to 25 full time employees, or equivalent part-time employees, including the owner.
Applicants must be a small business with at least one and no more than 25 full-time employees that has been negatively impacted under the State or County Stay at Home Orders.
For more information, go to investinmadison.com/MadisonCountyCaresSmallBusinessGrantProgram, email MadisonCARESGrant@Madisoncountync.gov, or call (828) 649-1377.
