LISC Small Business Relief Grants, Round 6
Deadline to apply is Monday, September 7th, 11:59pm ET.
- Who is eligible? LISC will support small businesses and enterprises affected the Covid-19 across the country, especially those in underserved communities.
- How are applications reviewed? Applications will be reviewed based on criteria designed to prioritize particularly challenged businesses, and the final grantees will be randomly selected from the top scoring applicants. There is an emphasis on those in underserved communities, including entrepreneurs of color, women- and veteran-owned businesses that often lack access to flexible, affordable capital. Grants will also be made to qualified businesses and based on accurate and complete submission and verification of required documentation.
- What are the size of the awards? Grants will be made in amounts ranging from $5,000 to $20,000. LISC will use the funding to provide grants to businesses facing immediate financial pressure because of Covid-19. Each awardee is limited to one grant.
- What can the grant be used for? Ongoing operational costs including: Payroll (to include the applicant); Paying outstanding debts to vendors; Payables such as rent and utilities; Other immediate operational costs