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Representative Halpin contacted Mayor Freeman to share that the application for Business Interruption Grants (BIG) is currently on the DCEO website. They are offering $60 million to businesses experiencing extreme hardship as a result of COVID-19 related closures in the form of $20,000 grants. This is only the first round, there is $210 million more to go!
There are four buckets of funding:
In the first wave of grants, priority will be given to small businesses that have been heavily restricted or completely shut down during the pandemic. Additional priority will be given to businesses located in Disproportionately Impacted Areas (DIAs), or low-income areas that have had high rates of COVID-19 cases.
Businesses from zip codes in Disproportionately Impacted Areas will receive priority in the first three buckets. You can see the map of DIAs at the bottom of the page here. Businesses not located in DIAs will still be able to apply for the first three buckets.
The application outline is posted here, so businesses can prepare their materials. The application will open for submissions on Friday, June 26th on the overview page. It will close on Tuesday, July 7th. The requirements for the grant program are posted here.