Small Business COVID-19 Recovery Grant Program

Council President John J. Igliozzi, Council Finance Chairwoman Jo-Ann Ryan, Mayor Jorge O. Elorza, and the Providence City Council have announced the City of Providence’s COVID-19 Small Business Grant Program, designed to provide microgrants to businesses throughout the city of Providence and support economic recovery from the effects of the COVID-19 pandemic.

Individual grants of $2,500 will be provided to qualified businesses that were negatively impacted by the COVID-19 pandemic. The grant program is made possible with the City’s American Rescue Plan funding.

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To Be Eligible For A Grant, Businesses Must:

Have been established and recognized by the City of Providence by December 31, 2019.
Be in good standing with the City of Providence.
- Businesses must be up to date on City taxes and all Department of Licensing requirements.
- Not receive funds and any other financial benefits from the City of $5,000 or more to be eligible.
- This includes, but is not limited to, Tax Stabilization Agreements or Community Development Block Grants.
Intend to stay in business for the following 12 months.
Have less than 240 employees.

Grants will be awarded on a first-come, first-served basis, with a priority review deadline of November 12, 2021. This program will remain open until all funds have been allocated or until July 1, 2022.

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1 CommentComment on Facebook

Just remember the tax increase of 18.35 per $1,000 of property value. Per year with a 3 to 4 percent increase yearly. This agreement is a slap in the face and the mayor knows it. This was not a new negotiation this was from the same blink of the previous two ten years plans. I have the numbers.. I will be bringing them to the table.. 180-acres Rhode Island College. Providence College its setting in the city, and the campus size is 105 acres. Johnson and Whales campus size is 138 acres. Rhode Island School of Design campus size is 23 acres. And Brown's main campus covers 146 acres. That’s just the institutions. Not including the property owned by private public partnerships. Rhode Island has an average listing price per acre of $174,592….

Small Business COVID-19 Recovery Grant Program

To Be Eligible For A Grant, Businesses Must:

Have been established and recognized by the City of Providence by December 31, 2019.

Be in good standing with the City of Providence.

Businesses must be up to date on City taxes and all Department of Licensing requirements.

Not receive funds and any other financial benefits from the City of $5,000 or more to be eligible.

This includes, but is not limited to, Tax Stabilization Agreements or Community Development Block Grants.

Intend to stay in business for the following 12 months.

Have less than 240 employees.

Grants will be awarded on a first-come, first-served basis, with a priority review deadline of November 12, 2021. This program will remain open until all funds have been allocated or until July 1, 2022.

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