The Knox County Chamber of Commerce says Phase 3 of the Vincennes Small Business Stabilization Grant Program is now available.
On April 30th, the city was awarded funding from the Indiana Office of Community & Rural Affairs to launch the program to provide short-term relief to businesses in the city that are seeing a reduction in revenue because of COVID-19.
SBSF grants of up to $10,000 will be made to mitigate losses experienced by the small business community.
The city defines a small business as a business with fifty employees or less.
Eligible applicants must demonstrate revenue decreases by 30% or more due to the COVID-19 crisis.
Grant amounts will range from $2,000 – $10,000 based on the number of employees.
The deadline to apply is August 7th.
