Description
The City of Iowa City established the COVID-19 Small Business Assistance program to support local, small businesses that have sustained economic losses due to COVID-19. Grants of up to $15,000 ($10,000 maximum for businesses without employees) will be given to qualifying businesses to cover operating expenses such as mortgage/rent, utilities, inventory, and staff salaries or wages. Eligibility criteria including being a small, for-profit business located in Iowa City and meeting a Low-Moderate Income (LMI) national objective. The deadline to apply is January 4, 2021 by 5pm. All qualifying applications will be reviewed after the deadline.
Learn more about this grant opportunity and whether you would be eligible at this virtual information session, as well as via the City's website: www.icgov.org/financialassistance.