5/2/21
Restaurant Revitalization Fund
The U.S. Small Business Administration’s Restaurant Revitalization Fund will open its application portal today, May 3rd, at 12:00 pm EST. Click here to access the Restaurant Revitalization Award Portal.
This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.
Eligible entities who have experienced pandemic-related revenue loss include:
- Restaurants
- Food stands, food trucks, food carts
- Caterers
- Bars, saloons, lounges, taverns
- Snack and nonalcoholic beverage bars
- Bakeries (onsite sales to the public comprise at least 33% of gross receipts)
- Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts)
- Breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts)
- Wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts)
- Inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts)
- Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products
Registration with SAM.gov is not required. DUNS or CAGE identifiers are also not required.
Priority period
Days 1 through 21
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SBA will accept applications from all eligible applicants, but only process and fund priority group applications. See “Priority groups” below. During this period, SBA will fund applications where the applicant has self-certified that it meets the eligibility requirements for a small business owned by women, veterans, or socially and economically disadvantaged individuals.
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Open to all applicants
Days 22 through funds exhaustion
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SBA will accept applications from all eligible applicants and process applications in the order in which they are approved by SBA. |
Read the RRF Program Guide for reference.
10/22/20
CARES Small Business Grant Program
More Helpful Links for CT Businesses
Below are links to information on programs that have been set up to assist small businesses during the Covid-19 pandemic. This page is updated frequently, so check back:
5/19/20: Connecticut Department of Economic and Community Development Small Business Reopening Resource Guide
CT Business Reopening and Recovery Center: Reopen Your Business Self Certification
5/11/20, Phase 1 Guidelines per Governor’s Office
Please Note: All businesses subject to these rules will be required to self-certify prior to opening on May 20. The certification system will be online beginning next week.
- Hair Salons & Barbershops —opening extended to June 1
- Museums and Zoos (Outdoor Only)
- Offices
- Restaurants (Outdoor Only)
- Retail & Malls
In addition, the state has established a new task force chaired by CRCOG’s Lyle Wray that will help small businesses understand and implement these new regulations. The task force will release a detailed guide by May 15 to help organizations implement the rules and open safely.
Visit the DECD website for more information about COVID-19 Business Recovery.
Businesses are required to post these Employees Rights posters.
SBA Small Business Disaster Loan Applications are being accepted for agricultural businesses.
Corono Virus Memo #6 Revision, RE: Child Care
Covid-19 Youth Camp Guidance from the State of CT Office of Early Childhood posted 4/29/20
Covid 19 Guidance for Family Campgrounds (updated 4/29/20) from the State of CT Dept. of Health
Restaurant Strong grant relief is available for restaurant workers in CT.
Connecticut Office of the Arts announces grants available for Connecticut artists impacted by pandemic
Recognizing that artists provide inspiration, connection, and education, particularly at times when the creative sector is needed most, the Connecticut Office of the Arts – a state office housed within the Department of Economic and Community Development – today announced that two grant programs have been created to help local artists negatively impacted by COVID-19. Applications will be accepted for both programs through May 4, 2020. For specific questions, artists should contact Tamara Dimitri at tamara.dimitri@ct.gov and teaching artists should contact Bonnie Koba at bonnie.koba@ct.gov.
- The Connecticut Artists Relief Grant program will provide $500 grants to over 100 individual artists and teaching artists who live in the state and whose creative practices and income are being adversely impacted by the safety measures put into place to prevent the spread of the virus. The grant is partly funded by the New England Foundation for the Arts.
- The Connecticut Artists Respond Grant program helps artists translate and present their art virtually. Individual or collaborative artists who create or have created projects that respond to the needs of the times by presenting art activities, classes, or other creative experiences online at no cost to the public will be eligible for $1,000 or $2,000, respectively.
The Department of Revenue Services (DRS) launched a one-on-one customer service program to help businesses and individual taxpayers understand what resources are available to them if they can’t meet their current collections obligations.
AdvanceCT partnered with CBIA and DECD to release the second iteration of its business survey to gather feedback directly from Connecticut businesses that will help inform how we restart our economy.
State of CT Coronovirus Disease 2019 (COVID-19) Business Resources webpage has information for businesses regarding the Governor’s Executive Orders. Also contains links to grants and funding options.
Covid-19: Tips for Small Businesses is a list of tips and resources to assist small businesses assembled by the CT Small Business Development Center.
The Save Small Business Fund is a grant making initiative offering short term relief for small business employers in the US and its territories. The application opens on April 2oth.
HEDCO/ DECE Covid-19 Business Response Program Line of Credit is available to businesses with fewer than 20 employees which are owned by women or by members of a minority group. The program provides a $20,000 loan over 12 months at zero interest and may be forgivable.
The Chamber of Commerce of Eastern CT has a video of a webinar on YouTube that explains the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
The Small Business Owners Guide to the CARES Act is a guide for owners on the Coronavirus Aide, Relief, and Economic Security (CARES) Act. This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA.
SBA Disaster Assistance in Response to the Coronavirus has links to the Economic Injury Disaster Loan (EIDL) and other SBA disaster loans.
Connecticut Small Business Development Center has information on the Paycheck Protection Program, the Economic Injury Disaster Loan (EIDL), as well as other programs and grants for small businesses.
The Chamber of Commerce of Eastern CT has compiled a list of grants and loans that are available for small businesses and non profits.