FOR IMMEDIATE RELEASE
Date: Monday, April 27th, 2020
Contact: Chris Vitale, Economic Development Coordinator | firstname.lastname@example.org
BRISTOL, RI-On Monday, April 27th, 2020, the Town of Bristol, along with 13 other Rhode Island communities, announced a new microenterprise (MicroE) grant program that is designed to assist small businesses that have been impacted by COVID-19. The program will provide grants of up to $5,000 to qualifying microenterprises that have been left out of the federal stimulus programs to-date.
“We applied for this grant to help Bristol businesses with costs such as rent, staffing, and utilities,” said Steven Contente. “I hope that these grants will help until we are able to open up and get back to work.”
The Town of Bristol was awarded $60,000 in Community Development Block Grant (CDBG) funds by the R. I. Office of Housing and Community Development (OHCD) and the U.S. Department of Housing and Urban Development (HUD) to finance this program.
Applications for the microenterprise grant program will be available beginning Wednesday, April 29th, 2020 on the Town of Bristol website. There will be an initial seven (7) day application window, where Bristol staff will conduct phone interviews to determine program eligibility.
Beginning May 6th, submitted applications will be processed for funding approval. Due to limited program funding, priority for grant awards will be given to businesses that have the greatest number of employees and who have been in operation the longest.
For more information on this program, please contact Chris Vitale, Economic Development Coordinator at email@example.com or visit www.bristolri.gov/749/microE.
For additional business resources and funding assistance, please visit the Bristol COVID-19 webpage at www.bristolri.gov/738/COVID-19.