Sandoval County issued the following announcement on Nov. 19.
The New Mexico Department of Finance and the Governor’s Office have released $965,000 in Small Business Continuity Grant funds to Sandoval County. The county received an allocation and has launched a website portal to facilitate the application process.
The County program is intended to help reimburse the significant, temporary loss of revenue to these qualified businesses during this pandemic, and to assist businesses in retaining and paying employees. It is important to note these grant funds can only be used by pandemic-impacted businesses for eligible expenses that fall into two categories: Business Continuity (such as non-owner payroll; rent or mortgage; insurance; utilities; marketing) and Business Redesign (installing Plexiglas barriers, temporary structures, and physical space reconfiguration to mitigate the spread of the virus; purchases of PPE and web conferencing technology).
The grant program will offer one-time grants up to $20,000 to qualifying small businesses and non-profits to cover costs such as non-owner/employee wages, vendor bills, and rent caused by required closures. Grants will first be prioritized to qualifying businesses within the unincorporated areas of Sandoval County. However, any qualifying business or non-profits physically located and operating within Sandoval County are encouraged to apply. We encourage businesses to first apply to the local municipality they are located that also received CARES Act Small Business Continuity Grant funds. Local governments that have reached respective allocation caps or determine the amount of qualified expenses exceeds local allocation amount will refer eligible applications to Sandoval County to fund.
Just announced, for assistance with completing the applications the Small Business Development Center at CNM team of business consultants are now available to provide assistance with completing the application. For SBDC assistance at 505 224-5250 or email sbdc@cnm.edu
The Application Deadline has been extended and is still accepting applications for review and funding. For the application go to:
https://www.sandovalcountynm.gov/.../SC_CARES...
Please do not hesitate to contact the Sandoval County Business Development, attention Dora Dominguez at (505) 404-5825 or email at ddominguez@sandovalcountynm.gov if you have any questions or require assistance with uploading your completed application.
Original source can be found here.
Source: Sandoval County
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