Small business owners in Overland Park now are eligible to apply for grants providing Covid-19 relief. The program is funded through the federal American Rescue Plan Act. The city and Kansas City-based Community Capital Fund have paired to create three new grant programs offering a total of $3 million and tailored to businesses owned and operated in Overland Park: The Impacted Industries Fund offers $50,000 grants to offset pandemic-induced staff loss for businesses with fewer than 250 full-time employees and making less than $2 million in revenue. Eligible industries include utilities, management of companies, information, education services, mining, quarrying, oil and gas extraction, accommodation and food services, and creative businesses. The Small Business Rescue Fund awards as much as $50,000 to for-profits, nonprofits, and home-based and digital-based businesses with fewer than 250 full-time employees and making less than $2 million in revenue. The fund can be used for payroll, offsetting economic losses, child care support for employees, business improvement needs, and training and hiring needs. The Hotel Fund will offer $50,000 grants for locally owned hotels operating in Overland Park to offset economic hardship.
Source: Kansas City Business Journal
