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The Hamilton County Commissioners this week approved over $700,000 in grants for more than 100 small businesses hurt by the pandemic.
Established in mid-May, the Hamilton County Stabilization Fund for Small Business will award $743,205 in grants this week to 105 businesses that cut back their operations due to the COVID-19 pandemic and related shutdown. Recipients will be notified over the next few days about the size of their grant, which may range from $1,000 to $10,000 according to demonstrated need.
“This program is a lifeline to those businesses. For many, this program was their last attempt to avoid closing permanently,” Hamilton County Council member Fred Glynn said in a written statement.
Businesses who receive the grants may use that money for payroll, utilities, rent, mortgage, insurance, and materials directly used in making a product for sale.
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