Lancaster County Small Business Recovery & Sustainability Fund
Phase 3 Opens On November 9
The Small Business Recovery & Sustainability Fund Phase 3 will open on Nov. 9 and close at 5 pm EST on Nov. 13.
Phase 3 makes available $10 million in grant funds for businesses and organizations that have experienced sustained impacts from COVID-19. Lancaster County-based for-profit, 501(c)3 non-profit organizations and agricultural entities will have an opportunity to apply for the fund from November 9-13 (the application process closes at 5 pm EST on Nov. 13).
The highlights for Phase 3 are:
Open to entities with up to 500 employees
Dedicated minimum amount ($3.5m) for entities with 20 or less employees
Entities must show they have sustained a revenue loss of 40% or greater when comparing revenue from April-September 2019 to April-September 2020
Scoring component for most impacted industries based on a North American Industry Classification System (NAICS) code
Applicants need to submit the required documentation at the point of application (W-9, DUNS, Sam.gov).
Full information on the fund, scoring criteria, and how to prepare can be found in the FAQ and the What Do I Need to Apply documents (available in English and Spanish) below.
