Small Businesses Get More Time To File For COVID Related Operating Expense Relief
Small businesses in Dayton that have been affected by the coronavirus pandemic have more time to apply for financial aid. The City of Dayton is extending the deadline to apply for funding from its Small Business Capital Grants program.
The new deadline is Friday, Sept. 25, and officials have also raised the possible funding to a maximum of $15,000.
Susan Vincent, with the city’s Planning and Community Development Department, says the grant program, born out of the federal CARES ACT, is meant for smaller businesses, like bars, restaurants, salons, and other retailers.
“Funding those capital expenses that they have incurred to change their operations, either by installing plexiglass barriers on the inside of their business, buying new equipment and air filtration systems that will help clean the air and reduce that the spread of the virus," she says.
Vincent says many restaurants have had to create outdoor dining spaces because of the virus and the program funds can help cover those costs as well.
Rent and payroll obligations aren't covered by the grants, and businesses that are part of a larger, national chain are not eligible.
There’s more information on the program on the city's website.
Copyright 2021 WYSO. To see more, visit WYSO.