IA Board Activates $1M Grant for Small Businesses
The IA Board has activated a $1M grant for small businesses impacted by COVID-19. Eligibility requirements include:
Be a for-profit corporation based in Leon County and be registered with the Florida Division of Corporations, with fewer than 50 employees
Demonstrate a minimum of 50% reduction in revenue due to COVID-19
Have an active utility account with the City of Tallahassee, Talquin Electric Cooperative or Progress Energy Florida
Provide proof of application for either the Florida Small Business Emergency Bridge Loan or the US SBA Disaster Loan Assistance Program
Pledge in good faith to remain in business for at least 45 days after receiving CEDR funding