[OMS_MANAGERS] Small Business & Microenterprise Grant (SBMA) Program

[STUART Sheri * OPRD]

Small Business & Microenterprise Grant (SBMA) Program: Business Oregon has partnered with CCD Business Development Corporation, a private nonprofit economic development organization to administer and process the $3 million dollars allocated to the CDBG-CV Statewide Emergency Small Business & Microenterprise Grant Program, intended to help businesses remain solvent and able to retain/create low- and moderate-income jobs.


  *   This program will launch on Monday, January 23, 2023 at 8:00 a.m. and will close on Friday, January 27, 2023 at 5:00 p.m. To register and apply, visit ccdbusiness.org/oregonsbma<https://www.ccdbusiness.org/oregonsbma/>.

​​Eligibility
A microenterprise (5 or fewer employees) or small business (5-1,500 employees) that:
• Was in business prior to March 8, 2019
• Can document COVID-19 impact (lost revenue, mandated closures, workforce issues, supply complications, etc.)
• Was generally stable/strong prior to the COVID-19 pandemic
• Has an owner and/or employees who meet low- and moderate income (LMI) criteria

Grant Limits
Grant sizes will be between $2,500 - $30,000 per business:
• Microenterrprise whose owner is LMI can qualify up to $10,000
• Small business can qualify for $2,500 per LMI employee retained up to $30,000

Contact :
CCD Business Development Corporation<mailto:oregonsbma at ccdbusiness.com>
1-888-263-0971<tel:18882630971>
​
Additional Resources
CCD SBMA Website<https://www.ccdbusiness.org/oregonsbma/>
CDBG Homepage<https://www.oregon.gov/biz/programs/CDBG/Pages/default.aspx>
Program Information (in multiple languages)<https://www.oregon.gov/biz/programs/SBMA/Pages/Program_Information.aspx>
[https://www.oregon.gov/_layouts/images/icpdf.png]Program Flyer
<https://www.oregon.gov/biz/Publications/SBMA/CDBG-SBMA-flyer.pdf>
This program is funded with federal grant funds from the Oregon Community Development Block Grant program CARES Act funding for communities affected by COVID-19. Technical assistance is available to assist with completing the application process. You may use Google Translate on the application registration and program webpages for non-English languages or please contact CCD Business Development Corporation<https://www.ccdbusiness.org/oregonsbma> at 1-888-263-0971 or oregonsbma at ccdbusiness.com<mailto:oregonsbma at ccdbusiness.com> for additional assistance.  Video tutorials for both small business and microenterprise applications, including helpful tips, are also available.

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