Wichita, Kansas 2021-04-08 12:33:59 –
Washington- US Small Business Administration Officially open Shuttered Venue Operators Grant (SVOG) application The April 8, 2021 portal allows live venues, live performing arts organizations, museums, cinema operators, live venue promoters, theater producers, and talent representatives to apply for significant financial relief. The first one that had to close the door a year ago in response to the COVID-19 pandemic.
“Concerts, plays, dance performances, movie premieres, museum exhibits – these are the lifelines of culture and the community, often the anchors of travel, tourism and nearby grocery and retail stores. We know that pandemics have become devastating for stage and venue operators across the country to help them do so too many people will bring the final curtain on their business. It’s been forced. Today, over $ 16.2 billion is available through Shuttered Venue Operators Grants and support is here, “said SBA administrator Isabella Casillas Guzman. “The SBA is committed to acting as quickly as possible to provide this important funding effectively and fairly. Relief is ensured to the venue operators whose revenues are most affected by the pandemic. will do so.”
The SVOG program provides financial assistance to SMEs, non-profit and venue laws, and American Rescue Planning Act.. Of these funds, at least $ 2 billion are reserved for eligible SVOG applications with up to 50 full-time employees. Eligible applicants are eligible for a single grant of up to $ 10 million, equivalent to 45% of their total income.
The SBA accepts SVOG applications on a first-in, first-out basis and assigns applicants to their respective priority periods when they receive the application. The first 14 days of the SVOG Awards, scheduled to begin in late April, will be dedicated to entities that suffered a loss of more than 90% between April and December 2020 due to the COVID-19 pandemic. The next 14 days (15th to 28th days) will include entities that suffered a loss of 70% or more between April and December 2020. After these periods, the SVOG Awards will be awarded to the corresponding quarters of 2019 and 2020.
The agency provided regular program updates and information Through FAQ,add to Video tutorial, Application checklist,and Eligibility requirements Through the SBA’s dedicated SVOG website – www.sba.gov/svogrant – And targeted outreach to potential applicants.
As the SBA built the SVOG program from scratch, it worked closely with federal partners, including partners dedicated to affected industries such as the National Endowment for the Arts and the Institute of Museum and Library Services, and parliamentary authors, to analyze the law. .. And the intent of Congress. Agencies are also National Independent Venue Association, National Theater Owners Association, National Independent Talent Organization, Performing Arts Alliance, Broadway League, American Museum Association, Museum Directors Association, Children’s Museum, Science, Technology Center, Zoo & Aquarium.
In addition, SBA resource partners such as SCORE Mentors, Small Business Development Center, Women’s Business Center, and Veterans Business Outreach Center can be used to provide entities with personalized guidance about their applications. Applicants can find local resource partners from the SBA website. www.sba.gov/local-assistance Or via zip code www.sba.gov/localassistance..
Grant applications open for shuttered venues, theatres and more Source link Grant applications open for shuttered venues, theatres and more