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Eco Dev -Spotlights

Posted on: June 22, 2020

Idaho Cash Grant Program for the Self-Employed

Self-Employed

As Idaho small businesses are the lifeblood of our communities and have been heavily impacted by the COVID-19 pandemic. If you are self-employed and have received certain federal pandemic-related emergency loans less than $7,500 or have received no federal assistance; this new grant program could help. 

The application period opened May 27, 2020 and grants will be awarded on a first-come, first-served basis until the programs funds are expended or close of business July 17, 2020 (whichever occurs first).

GRANT PROGRAM DETAILS

  • Total Program: $300 million (24% of total CRF award)
  • Self-employment grants: up to $7,500
  • More than 30,000 Idaho small businesses supported
  • Subject to qualification
  • Targeted to those individuals that did not receive a U.S. Small Business Administration-backed (SBA) Paycheck Protection Program loan or received Pandemic Unemployment Assistance payments
  • All grants will be reported on Transparent.Idaho.Gov

Follow the link provided for more information. 

Additional Info...
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