NEW ALBANY, Ind. (Inside INdiana Business) – The state of Indiana has announced three communities in southern Indiana have received federal grant funding through the COVID-19 Response Program. The cities of Charlestown and Jeffersonville, and the town of Clarksville, will receive a total of $750,000 from the program’s second phase of relief support launched by the Office of Community and Rural Affairs.
President of One Southern Indiana Wendy Dant Chesser says businesses have had four months of operations with narrow or no margins.
“This is great news for the southern Indiana region,” said Bill Reedy, chairman of the One Southern Indiana board of directors. “This funding has the potential to help 75 businesses overcome the challenges presented by partial shut-downs and a slowed economy. We congratulate Charlestown, Clarksville and Jeffersonville on this great win.”
The recipients include:
- Charlestown – $250,000 to provide $10,000 grants to small businesses that have been most severely impacted by the economic downturn due to the pandemic.
- Jeffersonville – $250,000 to provide $10,000 grants to retain jobs for local, small businesses that employ less than 100 individuals in the Low-to-Moderate Income range.
- Clarksville – $250,000 to provide grants of up to $10,000 to small businesses that have been most severely impacted by the pandemic.
The funding, which totals more than $10 million for the state, was announced earlier this week.