Print
Share page with AddThis

Main Street Recovery Program Preparing for Launch

Register for Notification Emails Now = Funds Will Go Fast!
Posted on: July 1, 2020 - 11:00pm

WHAT IS THE MAIN STREET RECOVERY PROGRAM?

Act 311 set aside $300 million for a small business grant program. Businesses can apply for up to $15,000 to cover eligible expenses. We are in the process of setting up an application system.

ELIGIBILITY REQUIREMENTS FOR BUSINESSES

  • Were domiciled in Louisiana as of March 1, 2020
  • Suffered an interruption of business
  • At least 50% owned by one or more Louisiana residents
  • Filed Louisiana taxes in 2018 or 2019 or will file taxes in 2020.
  • Had no more than 50 full-time employees as of March 1, 2020
  • Have customers or employees visit a physical location
  • Are not part of a bigger business with more than 50 full-time workers
  • Does not exist for the purpose of advancing partisan political activity and does not directly lobby federal or state officials
  • Does not derive income from passive investments without active participation in business operations

Click here to read more!

WE ARE NOT YET TAKING APPLICATIONS. SIGN UP FOR EMAIL NOTIFICATIONS

QUESTIONS? CALL US AT 225-342-0010

CLICK HERE TO BE DIRECTED TO THE LOUISIANA MAIN STREET RECOVERY PROGRAM APPLICATION SITE!