Phase 3 of the Vincennes Small Business Stabilization Grant Program is now available.
On April 30 the City of Vincennes was awarded funding from the Indiana Office of Community & Rural Affairs to launch the Small Business Stabilization Grant Program to provide short-term relief to businesses within the corporate limits of Vincennes that are seeing a reduction in revenue because of COVID-19.
The City of Vincennes recognizes the need to support small businesses that are struggling to access capital and keep their doors open in response to COVID-19. SBSF grants of up to $10,000 will be made in an effort to lessen the losses experienced by the small business community. This amount may be adjusted to provide immediate assistance to as many small businesses as possible. The City of Vincennes defines a small business as a business with fifty (50) employees or less. Eligible applicants must demonstrate revenue decreases by 30% or more due to the COVID-19 crisis.
Grant amounts will range from $2,000 – $10,000 based on the number of employees.
