Butte Business Stabilization Program Application Period
BUTTE COUNTY ANNOUNCES THE APPLICATION PERIOD FOR THE BUTTE BUSINESS STABILIZATION PROGRAM
The application period for the Butte Business Stabilization Program is now open. The Butte Business Stabilization Small Business Grant Program will provide up to $15,000 grants to businesses with five (5) or fewer employees, and up to $25,000 grants to businesses with six to ten (6-10) employees. Eligible applications will be pooled by the six jurisdictions (Biggs, Chico, Gridley, Paradise, Oroville, and Unincorporated Butte County), and grant awardees will be selected by a lottery system for each jurisdiction. The total amount for the grant program is $4,900,000. This amount will support approximately 250 small business grants for companies located and operating within Butte County.
Businesses may apply online at www.buttebusinessresourcehub.org. A link to the Butte Business Stabilization Program may also be found on the County homepage www.buttecounty.net. There is a two-step application process. Businesses submit a pre-application online now through October 5, 2020. Businesses will then be chosen on a lottery basis to participate in the program. Those that are chosen through the lottery will be required to provide additional information and documentation in the second step of the application process.
The Butte Business Stabilization Small Business Grant Program is funded through the CARES Act Coronavirus Relief Funds to support small businesses impacted by COVID-19. These grant funds are necessary to assist Butte County businesses with costs associated with the impacts of business closures, the costs associated with adherence to local requirements for safe business re-openings, and the financial impacts due to loss of sales as a result of COVID-19.
For more information please call Jennifer Macarthy, Deputy Administrative Officer, Economic and Community Development at 530.552.3338