Small Business Emergency COVID-19 Grants
State of Oregon COVID-19 Emergency Business Grant
The Oregon Legislature, in partnership with the Governor, allocated $5 Million from the State General Fund, which will be combined with $5 Million redirected from existing programs at the Oregon Business Development Department (Business Oregon), for the purpose of providing financial assistance to small businesses adversely affected by economic conditions associated with the COVID-19 pandemic that have not received federal emergency assistance under the federal CARES Act or other federal program for emergency pandemic funding.
To fill gaps not reached by other programs, these state funds are directed to adversely affected businesses with 25 or fewer employees, and only those that have been unable to receive federal CARES Act funding, including the Small Business Administration’s Paycheck Protection Program, Economic Injury Disaster Loan Emergency Advance program, or other federal programs for emergency pandemic funding to date. Businesses may use the proceeds for any business-related operating expenses.
Community LendingWorks is administering this program. Businesses which want to apply for this grant can preregister for the application process.
Pre-registration opens July 14th. Link to register will be here.