On Nov. 18, Alabama Gov. Kay Ivey announced that she was providing $200 million in grant money to a program called Revive Plus, which will provide support to small businesses, non-profits and faith-based organizations that have been impacted by COVID-19.
Ivey said that after the struggles that small businesses have faced during the COVID-19 pandemic it was clear this program was needed.
“As the state has rolled out over $1 billion of the CARES Act monies to the individuals and businesses affected by COVID-19, it became evident the group most overwhelmingly hurt during the pandemic were the small ‘mom and pop’ shops,” Ivey said. “A second round of assistance through Revive Plus will ensure that the small business owners who have borne the brunt of the downed economy can be made as whole as possible.
“As we head into the holiday season, my hope is that this will be welcome news for our businesses and help ease their burdens from what has been a very hard year.”
According to a news release, entities may receive up to $20,000 to reimburse qualifying expenses if they have not received federal assistance for the corresponding item that they are claiming with the state.
The Revive Plus grant is in addition to any state Coronavirus Relief Fund money received. Grants will be awarded to qualifying applicants on a first-come, first-serve basis.
“The Revive Plus program is much needed in our small business economy,” Senate General Fund Chairman Greg Albritton (R-Atmore) said. “I commend Gov. Ivey for taking this action, recapturing unspent dollars and using a proven program to bring economic relief to our small business owners.”
Entities may access grant information and the grant application through the Coronavirus Relief Fund website. Applications will open on Nov. 23 and run through Dec. 4.
“This is welcome news for small businesses, non-profits and faith-based organizations that are continuing to feel the adverse effects of the COVID-19 virus,” House General Fund Chairman Steve Clouse (R-Ozark) said. “Time is of the essence and I urge all qualified entities to apply as soon as possible beginning Monday, Nov. 23.”
Qualifying entities must have been in business March 1, are currently in business and have a valid W-9 to apply for the grant.