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The Warren Sun

Thursday, November 21, 2024

Warren grant program to help local low-income small-business owners

Smallbusinesssmallbiz

A grant program from the city of Warren is offering up to $10,000 to qualified small businesses, including some home-based businesses. | Morguefile

A grant program from the city of Warren is offering up to $10,000 to qualified small businesses, including some home-based businesses. | Morguefile

The City of Warren is offering assistance to local small businesses through a Microenterprise Assistance Grant Program that can offer up to $10,000 per business.

The application period for the grants is open through the end of September, according the city of Warren's website. The grant program is open to businesses with five or fewer total employees, including the owner.

The City of Warren Microenterprise Assistance Program indicates that a total of $475,000 in federal CARES (Coronavirus Aid, Relief, and Economic Security) Act funds have been allocated for the program.

In addition to size requirements, the business owner must have an income at or below 80% of the area median income, according to the information packet, which includes an appendix with income levels based on household size.

There are also some limitations on how the money can be used; for example, it cannot be used to pay for utilities related to a home-based business.

Additional information on the grant program and how to apply can be found on the city of Warren's website.

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