Gov. Kay Ivey made an announcement on Nov. 18 that there will be a second wave of funding from the CARES Act to assist small businesses and others that have been impacted by the COVID-19 pandemic.
Funding also applies to non-profits and faith-based organizations. The program is being called Revive Plus and is granting up to $200 million for businesses throughout the state.
“As the state has rolled out over $1 billion of the CARES Act monies to the individuals and businesses affected by COVID-19, it became evident the group most overwhelmingly hurt during the pandemic were the small ‘mom and pop’ shops," Ivey said in her announcement.
“A second round of assistance through Revive Plus will ensure that the small business owners who have borne the brunt of the downed economy can be made as whole as possible. As we head into the holiday season, my hope is that this will be welcome news for our businesses and help ease their burdens from what has been a very hard year.”
The program can grant up to $20,000 to businesses employing 50 workers or less. The start date to apply is Nov. 23 and will run through Dec. 4.
To apply, see the CoronaVirus Relief Fund Information website.