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Stafford County remains focused on providing support to businesses as they recover from the coronavirus pandemic.
As part of that continued support, the Stafford County Economic Development Authority has launched three small business assistance grants in August: Stay, Sleep, and Safe in Stafford. The authority is extending the application deadline with new eligibility revisions to broaden eligibility for businesses impacted by the coronavirus.
Applications reopen Monday, September 21, and close on Monday, September 28, 2020. The revisions to eligibility include lowering the percentage loss of revenue from twenty-five percent (25%) to twenty percent (20%) and incorporating a marketing initiative reimbursement.
The EDA Board Members voted Friday, September 11th, to extend the application deadline and revisions in an effort to include more businesses with COVID-19 relief funds.
“Our community has seen a significant economic impact and with the assistance and support of these grant programs, the County hopes to alleviate some of that impact. We encourage the business community to apply now before these limited funds are no longer available,” stated Joel Griffin, Chairman of the Stafford County Economic Development Authority.
These grants are funded using a portion of $2.357M in federal CARES Act the Stafford County Board of Supervisors allocated to the Stafford County EDA.
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