The Mayor’s Office of Community & Economic Development Early Announcement of Upcoming SBA’s Shuttered Venue Operators Grant
Prepare to Apply
Posted on: January 26, 2021 - 8:20am
Small businesses impacted COVID-19 should consider applying for the Small Business Administration’s (SBA) planned Shuttered Venue Operators Grant (SVO).
The application has not yet been released, but the SBA recently provided guidelines on who may qualify for the grants.
The Shuttered Venue Operators Grant program was established in the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, enacted on Dec. 27, 2020. The program includes $15 billion in grants to shuttered venues, to be administered by the SBA’s Office of Disaster Assistance. Eligible applicants may qualify for SVO Grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees.
Learn more about the guidelines by clicking on this link. Note: the application process is expected to be very competitive. Also: all questions and/or requests for additional information, please email SVOGrant@sba.gov. All emails regarding SVO Grants will be sent using an official government email address ending in @sba.gov.
NOTE: All questions and/or requests for additional information, please email SVOGrant@sba.gov. All emails regarding SVO Grants will be sent using an official government email address ending in @sba.gov.
