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<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">Business Oregon just</span><span style="font-family:"Calibri",sans-serif"> announced the first phase of applications for Business Oregon’s ARPA Live Event Recovery grant program will go live
next <b>Monday, January 24, at 8 am</b>. This first phase is specifically in support of Small, Independent Community Movie Theatres. Press release below, and link to program page here:
<a href="https://www.oregon.gov/biz/programs/ARPA_Movie_Theaters/Pages/default.aspx">
https://www.oregon.gov/biz/programs/ARPA_Movie_Theaters/Pages/default.aspx</a>. There will be a program orientation at 4 pm on Tuesday, January 25<sup>th</sup>.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">This program has three phases; phase 2 will support Live Event Venues and phase 3 will support Live Event Support Industries. Stay tuned for these programs to go live this spring.<o:p></o:p></span></p>
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<p class="MsoNormal" style="margin:0in;margin-bottom:.0001pt"><b><span style="font-family:"Calibri",sans-serif">From:</span></b><span style="font-family:"Calibri",sans-serif"> Business Oregon <<a href="mailto:business.oregon@oregon4biz.com">business.oregon@oregon4biz.com</a>>
<br>
<b>Sent:</b> Tuesday, January 18, 2022 4:33 PM<br>
<b>To:</b> SCHREINER Aili * BIZ <<a href="mailto:Aili.SCHREINER@biz.oregon.gov">Aili.SCHREINER@biz.oregon.gov</a>><br>
<b>Subject:</b> NEWS RELEASE // Business Oregon Launches COVID Recovery Grant Program for Small, Independent Oregon Movie Theatres<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<span style="font-size:1.0pt;font-family:"Helvetica Neue";color:white">Business Oregon is receiving American Rescue Plan Act (ARPA) funds to exclusively support small, independent community movie theaters that have been negatively impacted by the COVID-19 pandemic.
If eligibility criteria is met, grants can go up to $40,000 per theater location...
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<span style="font-size:7.5pt;font-family:"Helvetica Neue";color:black"><a href="https://biznews.oregon.gov/acton/ct/14786/s-057a-2201/Bct/q-000c/l-0007:cf1/ct0_0/1/ms?sid=TV2%3A6fip2QbMB"><span style="color:#2880BB;text-decoration:none">View this message</span></a>
in a browser window.<o:p></o:p></span></p>
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<a name="B1641943948753"></a><a href="https://biznews.oregon.gov/acton/ct/14786/s-057a-2201/Bct/q-000c/l-0007:cf1/ct1_0/1/lu?sid=TV2%3A6fip2QbMB" target="_blank"><span style="font-size:1.0pt;font-family:"Helvetica Neue";color:#2880BB;text-decoration:none"><img border="0" width="600" height="120" style="width:6.25in;height:1.25in" id="_x0000_i1047" src="https://biznews.oregon.gov/cdnr/forpci84/acton/attachment/14786/f-0109/2/-/-/-/-/image.png"></span></a><span style="font-size:1.0pt;font-family:"Helvetica Neue";color:black"><o:p></o:p></span></p>
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<a name="B1446490698276"></a><span style="color:black">FOR IMMEDIATE RELEASE</span><span style="font-family:"Helvetica Neue";color:black"><o:p></o:p></span></p>
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<span style="color:black">January 18, 2022</span><span style="font-family:"Helvetica Neue";color:black"><o:p></o:p></span></p>
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<a name="B1441820668325"></a><strong><span style="font-size:16.0pt;line-height:125%;font-family:"Roboto Slab";color:black">Business Oregon Launches COVID Recovery Grant Program for Small, Independent Oregon Movie Theatres</span></strong><span style="font-family:"Helvetica Neue";color:black"><o:p></o:p></span></p>
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<span style="font-family:"Helvetica Neue";color:black">Business Oregon is receiving American Rescue Plan Act (ARPA) funds to exclusively support small, independent community movie theaters that have been negatively impacted by the COVID-19 pandemic. If eligibility
criteria is met, grants can go up to $40,000 per theater location, with $5 million in total allocated to the program. Grant funding can be used to cover expenses such as payroll, mortgage, rent, and other operating costs as a result of the public health emergency
and measures taken to contain the spread of the virus.<o:p></o:p></span></p>
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<span style="font-family:"Helvetica Neue";color:black">Small and independent community movie theaters are defined as movie theaters locally owned and operated independent of national chains. The theater must be an indoor movie theater whose primary operation
is the regular exhibition of motion pictures to the general public, typically for a fee. Theaters with multiple screens are eligible for additional funding above the standard $40,000 grant. Business Oregon will adjust additional per-screen award amounts to
ensure all eligible theaters are treated equitably. Applicants must be able to demonstrate via their tax returns a minimum of 20% loss of revenue for the calendar year 2020 for each theater for which they are applying.
<o:p></o:p></span></p>
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<span style="font-family:"Helvetica Neue";color:black">The grant may be used to cover operating costs during recovery from business closures due to the pandemic including:<o:p></o:p></span></p>
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<span style="font-family:"Helvetica Neue"">Payroll and benefits costs<o:p></o:p></span></li><li class="MsoNormal" style="color:black;line-height:125%;mso-list:l4 level1 lfo3">
<span style="font-family:"Helvetica Neue"">Costs to retain employees<o:p></o:p></span></li><li class="MsoNormal" style="color:black;line-height:125%;mso-list:l4 level1 lfo3">
<span style="font-family:"Helvetica Neue"">Mortgage, rent, or utilities costs<o:p></o:p></span></li><li class="MsoNormal" style="color:black;line-height:125%;mso-list:l4 level1 lfo3">
<span style="font-family:"Helvetica Neue"">Other operating costs<o:p></o:p></span></li></ul>
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<span style="font-family:"Helvetica Neue";color:black">Grants can also cover costs incurred to implement COVID-19 prevention or mitigation measures such as:<o:p></o:p></span></p>
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<span style="font-family:"Helvetica Neue"">Enhanced cleaning efforts<o:p></o:p></span></li><li class="MsoNormal" style="color:black;line-height:125%;mso-list:l5 level1 lfo6">
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<span style="font-family:"Helvetica Neue"">COVID-19 vaccination, testing, or contact tracing programs<o:p></o:p></span></li><li class="MsoNormal" style="color:black;line-height:125%;mso-list:l5 level1 lfo6">
<span style="font-family:"Helvetica Neue"">Costs for technical assistance, counseling, or other services to assist with business planning needs<o:p></o:p></span></li></ul>
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<span style="font-family:"Helvetica Neue";color:black">Recipients may accept ARPA funding from other sources in addition to this program. However, ARPA funds cannot be used to “double dip” to essentially fund the same activity. The funding period is restricted
by federal law to necessary expenditures incurred due to the COVID-19 public health emergency after March 3, 2021. Expenditures made prior to March 3, 2021 are not eligible to receive support through this program.
<o:p></o:p></span></p>
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<strong><span style="font-family:"Helvetica Neue";color:black">Applications will be available online beginning at 8 a.m. on Monday, January 24 at
<a href="https://biznews.oregon.gov/acton/ct/14786/s-057a-2201/Bct/q-000c/l-0007:cf1/ct2_0/1/lu?sid=TV2%3A6fip2QbMB">
<span style="color:#2880BB;text-decoration:none">oregon.gov/biz</span></a>.</span></strong><span style="font-family:"Helvetica Neue";color:black"> All applications for funding must be received no later than 11:59 p.m. on 02/09/2022. The majority of funds are
expected to be distributed by April 2022.<o:p></o:p></span></p>
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<span style="font-family:"Helvetica Neue";color:black">At the time of the application deadline, all applicants must: <o:p></o:p></span></p>
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<span style="font-family:"Helvetica Neue"">Have an active organization registration for the theater operation with the state of Oregon’s Secretary of State; <o:p></o:p></span></li><li class="MsoNormal" style="color:black;line-height:125%;mso-list:l1 level1 lfo9">
<span style="font-family:"Helvetica Neue"">Provide theater services that take place within the state of Oregon; <o:p></o:p></span></li><li class="MsoNormal" style="color:black;line-height:125%;mso-list:l1 level1 lfo9">
<span style="font-family:"Helvetica Neue"">Be headquartered in Oregon, meaning having a centralized office location where a company's management and key staff operate and oversee overall business activities;<o:p></o:p></span></li><li class="MsoNormal" style="color:black;line-height:125%;mso-list:l1 level1 lfo9">
<span style="font-family:"Helvetica Neue"">Have proof of economic loss for the theater due to COVID-19 (through tax returns or signed Profit and Loss Statements); and <o:p></o:p></span></li><li class="MsoNormal" style="color:black;line-height:125%;mso-list:l1 level1 lfo9">
<span style="font-family:"Helvetica Neue"">Show the theater has been in operation for a minimum of one year prior to March 3, 2020.<o:p></o:p></span></li></ul>
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<span style="font-family:"Helvetica Neue";color:black">Submitted applications will be reviewed for eligibility, completeness, and accuracy. Applications that meet stated program eligibility and need requirements will be authorized for funding, pending availability
of funds. Business Oregon may require additional information and has final authority on eligibility determination.
<o:p></o:p></span></p>
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<span style="font-family:"Helvetica Neue";color:black">This grant program is the first of three grants Business Oregon is creating with new ARPA funds to help arts and culture venues and supporting industries. The two additional phases will assist live venues
and businesses that support live events. These programs will be announced and launched soon after the completion of the movie theater grant program.<o:p></o:p></span></p>
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<span style="font-family:"Helvetica Neue";color:black">More information about this program can be found online at
<a href="https://biznews.oregon.gov/acton/ct/14786/s-057a-2201/Bct/q-000c/l-0007:cf1/ct2_1/1/lu?sid=TV2%3A6fip2QbMB">
<span style="color:#2880BB;text-decoration:none">oregon.gov/biz</span></a>. Please call 833-604-0880 or email
<a href="mailto:biz.covid19@biz.oregon.gov">biz.covid19@biz.oregon.gov</a> with questions or requests for assistance with this program.
<o:p></o:p></span></p>
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<a name="B1451946612698"></a><strong><span style="font-family:"Arial",sans-serif;color:black">Media Contact</span></strong><span style="color:black">:
<a href="mailto:amber.nabors@biz.oregon.gov" target="_blank"><span style="color:#2880BB;text-decoration:none">Amber Nabors</span></a>,
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<a name="B1440606673668"></a><span style="font-size:4.0pt;line-height:125%;font-family:"Helvetica Neue";color:black"> <o:p></o:p></span></p>
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<strong><span style="font-size:9.0pt;line-height:125%;font-family:"Arial",sans-serif;color:black">Business Oregon,</span></strong><span style="font-size:9.0pt;line-height:125%;color:black"> 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
</span><span style="font-size:9.0pt;line-height:125%;color:#236FA1"><a href="https://biznews.oregon.gov/acton/ct/14786/s-057a-2201/Bct/q-000c/l-0007:cf1/ct3_0/1/lu?sid=TV2%3A6fip2QbMB"><span style="color:#236FA1;text-decoration:none">biz.oregon.gov.</span></a></span><span style="font-family:"Helvetica Neue";color:black"><o:p></o:p></span></p>
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