Monday, 18 May 2020

GALVANIZE: DC East of the River Small Business Economic Relief Microgrant Program for Wards 7 and 8

Hi Everyone!

I'm passing along the information below, specifically for those of you running or affiliated with arts organizations in Wards 7 and 8 in DC

Jump on these coins!

Edward


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EDWARD DANIELS | AEA | EdwardDaniels.com | IMDB: Profile@EdwardDaniels 

Scorpio Entertainment | CEO | ScorpioDJs.com | @ScorpioDJs

Monologue Madness | Producer | MonologueMadness.net | @MonologueMad

Desk: 202-536-4495, Tues-Fri, 10am-4pm


----- Forwarded Message -----
From: Daniels, Edward (SMD 6D07) <6d07@anc.dc.gov>
To: Edward Daniels <edward@edwarddaniels.com>
Sent: Monday, May 18, 2020, 05:29:06 PM EDT
Subject: Fwd: DC East of the River Small Business Economic Relief Microgrant Program for Wards 7 and 8

 
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DC East of the River Small Business Economic Relief Microgrant Program for Wards 7 and 8

Following on Mayor Bowser's DC Small Business Recovery Microgrants Program, the Department of Housing and Community Development is launching an additional grant program specifically for small businesses in Ward 7 and 8.

The Department of Housing and Community Development (DHCD) will make available $750,000 million in Community Development Block Grant (CDBG) funding allocated from the U.S. Department of Housing and Urban Development (HUD) to eligible for-profit small businesses. Businesses must demonstrate a need for short-term working capital to retain jobs held by low- and moderate-income employees that may be lost due to business closures related to COVID-19. The program will provide support up to $10,000 for short term working capital to fund wages to avoid job loss caused by business closures or reduction in business due to social distancing, rent, utilities, interim operating expenses.

**Application opens at 10:00am on Wednesday, May 20th **

Applications are due at 10:00am on Friday, May 29
 

 Step One: Determine If Are You Eligible

Step Two: Prepare Your Documents


Before you start your application, please prepare the following documents. If you have all of your documents, the application can take up to 30-40 minutes; if you do not, it can take over an hour.  If your business has been in operation less than 2 years, please provide documentation for the years your business has been in operation. If you do not provide the necessary documentation, it will delay the processing of your application.

 

·         Federal Employer Identification Number (EIN) (Look for this in a previously filed tax return or by following these tips from the IRS. Names and addresses in this application should match your EIN registration.)

·         Documentation of the business owner or owners' state residency (such as a driver's license or bill)

·         Payroll or roster of employees and their states of residence (dated for the week prior to March 11, 2020)

·         District of Columbia Basic Business License ( To obtain a copy go to https://business.dc.gov/quick/9750.)

·         Clean Hands Certificate (To obtain a copy go to  https://ocfocleanhands.dc.gov/cch/.)

·         Evidence of Liability Insurance (Contact your insurance company for copy of policy.)

·         Financial Documents

  • 2017 and 2018 federal tax return (Only applicable if your business was in operation in 2017.  If business was not in operation in 2017, 2018 would be required.)
  • 2019 Statement of Profit and Loss  (You can download this from your accounting software.)
  • Schedule of Liabilities (Feel free to use your format, such as downloading from your accounting software, or use this free template if needed.)
  • Supporting Documentation of Economic Injury (such as staff reduction, revenue loss due to social distancing requirements, etc .)

 

STEP 3: APPLY

Please use the Application Guide and FAQ Documents to walk you through every step of the application process.

 Application Guide and Troubleshooting Tips - English


Have Questions or Need Assistance? 

·         For questions about the application or required documentation including technical assistance with the application system, please email dhcd.smallbizrelief@dc.gov.

·         For all other general business relief inquiries, please contact the Deputy Mayor for Planning and Economic Development through the COVID-19 Business Inquiry Form

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