[OMS_MANAGERS] FW: News Release /// Grant Fund Launches to Help Small Businesses Cover Costs

Mon May 24 14:09:29 PDT 2021

FYI – see message below on latest round of business assistance funds available through Business Oregon.
___________________________________________________________
Hello Colleagues,
Business Oregon has just released an assistance program for small businesses impacted by COVID19, see press release below, and we need your help in getting the word out. In short, the state has $28mn available to help with commercial rent and operational costs for businesses with under 100 employees. The program is geared toward restaurants, recreational and entertainment, personal services, to name a few. Applications will be accessible at the following link starting May 26<https://www.oregon4biz.com/Coronavirus-Information/CRR/?utm_term=Rent%20Relief%20Program&utm_campaign=News%20Release%20%2F%2F%2F%20Grant%20Fund%20Launches%20to%20Help%20Small%20Businesses%20Cover%20Costs&utm_content=email&utm_source=Act-On+Software&utm_medium=email&cm_mmc=Act-On%20Software-_-email-_-News%20Release%20%2F%2F%2F%20Grant%20Fund%20Launches%20to%20Help%20Small%20Businesses%20Cover%20Costs-_-Rent%20Relief%20Program>. Should folks have any questions, please reach out directly or call the Small Business Navigator Hotline at 833-604-0880
Thank you for your help in supporting our state’s small businesses.
Michael Held (he/him)
North Central Regional Development Officer
Business Oregon | www.oregon4biz.com<https://www.oregon4biz.com/>
971-599-9489 mobile
[cid:image001.png at 01D6AC48.32955AC0]<http://www.oregon4biz.com/>
[cid:image002.png at 01D6AC48.32955AC0]<https://twitter.com/businessoregon>     [cid:image003.png at 01D6AC48.32955AC0] <https://www.facebook.com/BusinessOregon/>

From: Business Oregon <business.oregon at oregon4biz.com<mailto:business.oregon at oregon4biz.com>>
Sent: Monday, May 24, 2021 1:25 PM
To: HELD Michael * BIZ <Michael.Held at oregon.gov<mailto:Michael.Held at oregon.gov>>
Subject: News Release /// Grant Fund Launches to Help Small Businesses Cover Costs

On May 26, Business Oregon will open the final portion of a program to provide grants for small businesses to help with commercial rent and operational costs in the face of the COVID-19 pandemic.
View this message<https://development.oregon4biz.com/acton/ct/14786/s-04ff-2105/Bct/q-007c/l-0007:3ecf/ct0_0/1/ms?sid=TV2%3A5UTd7cVsJ> in a browser window.

[Business Oregon logo]<https://development.oregon4biz.com/acton/ct/14786/s-04ff-2105/Bct/q-007c/l-0007:3ecf/ct1_0/1/lu?sid=TV2%3A5UTd7cVsJ>
FOR IMMEDIATE RELEASE
May 24, 2021
Grant Fund Launches to Help Oregon Small Businesses Cover Costs

This Wednesday, May 26, Business Oregon will open the final portion of a program to provide grants for small businesses to help with commercial rent and operational costs in the face of the COVID-19 pandemic.
The Oregon Legislative Emergency Board allocated approximately $100 million for the program to help small businesses impacted by the pandemic and the restrictions it necessitated. Following two rounds of distribution of Commercial Rent Relief assistance grants, approximately $28 million remains to be distributed in this final round through the Operational Cost Assistance Grant.
The Operational Cost Assistance Grant is designed for businesses with 100 or fewer employees in industries that were particularly affected by the pandemic, including those that:

  1.  offer the consumption of food and or drink on premise;
  2.  provide specified indoor physical exercise, recreational or family entertainment; OR
  3.  provide specified personal services.
Restaurants, bars, gyms, brewpubs, theaters, bowling centers, and salons are some of the more common examples of eligible businesses. Full details of the program, including eligible industries, is available on Business Oregon’s website and in application materials. Applicants must have faced financial hardship due to the COVID-19 pandemic in Oregon.
Applications for the Operational Cost Assistance Grant will be accepted beginning May 26, and continue through June 6.
The application process is NOT first-come, first-served. Awards will be selected after a random lottery process of all complete and eligible applications received. Applicants are encouraged to take time with the application form to make sure all information is correct. Missing or incorrect information, particularly simple contact information such as email and phone numbers delays processing significantly.
Businesses that previously received assistance grants through the State of Oregon Commercial Rent Relief Program for the same location are eligible to receive this new grant, as long as the award amount through the Commercial Rent Relief Program was less than $100,000. Total combined awards from either program will not exceed $100,000 for a single applicant.
The first two rounds of the Commercial Rent Relief Grant<https://development.oregon4biz.com/acton/ct/14786/s-04ff-2105/Bct/q-007c/l-0007:3ecf/ct2_0/1/lu?sid=TV2%3A5UTd7cVsJ> has processed payments to help more than 2,400 small businesses throughout Oregon. There are still some applicants that have either not responded to follow-up communications from Business Oregon, or that provided incomplete or incorrect information. Applicants that have not heard from Business Oregon are encouraged to contact Business Oregon via email<mailto:biz.covid19 at oregon.gov> or phone at 833-604-0880.
This is the seventh COVID-specific program Business Oregon has implemented to help businesses navigate the impacts of the pandemic. One of those programs — the emergency small business grant — helped about 7,400 small businesses with $43 million in grants to help offset revenue impacts from COVID-19.
More program information and eligibility details are available on Business Oregon’s website<https://development.oregon4biz.com/acton/ct/14786/s-04ff-2105/Bct/q-007c/l-0007:3ecf/ct3_0/1/lu?sid=TV2%3A5UTd7cVsJ>, along with the application link beginning May 26.
Contact: Nathan Buehler<mailto:nathan.buehler at oregon.gov>, 503-689-3559.

________________________________
Business Oregon, the state's economic development agency, invests in Oregon businesses, communities, and people to promote a globally competitive, diverse, and inclusive economy. The agency's services span rural community development and infrastructure financing; business retention, expansion and recruitment; export promotion and international trade; investments in industry research and development and entrepreneurship; small business assistance; and support for arts and cultural organizations. Learn more at www.oregon4biz.com.<https://development.oregon4biz.com/acton/ct/14786/s-04ff-2105/Bct/q-007c/l-0007:3ecf/ct1_1/1/lu?sid=TV2%3A5UTd7cVsJ>

Copyright © 2021 Business Oregon
Our address is 775 Summer St NE, Suite 200, Salem, OR 97301, USA

If you do not wish to receive future emails, update your preferences here<http://development.oregon4biz.com/acton/rif/14786/s-04ff-2105/-/l-0007:3ecf/q-007c/zout?sid=TV2%3A5UTd7cVsJ>.
(You can also send your request to Customer Care at the street address above.)
[https://development.oregon4biz.com/acton/o/14786/s-04ff-2105/l-0007:3ecf/q-007c/UVADTDTDU/endline.gif]

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://omls.oregon.gov/pipermail/oms_managers/attachments/20210524/ae82e205/attachment.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 1692 bytes
Desc: image001.png
URL: <https://omls.oregon.gov/pipermail/oms_managers/attachments/20210524/ae82e205/attachment.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.png
Type: image/png
Size: 292 bytes
Desc: image002.png
URL: <https://omls.oregon.gov/pipermail/oms_managers/attachments/20210524/ae82e205/attachment-0001.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.png
Type: image/png
Size: 248 bytes
Desc: image003.png
URL: <https://omls.oregon.gov/pipermail/oms_managers/attachments/20210524/ae82e205/attachment-0002.png>