Business

Noblesville conducting second round of small business grants

(photo courtesy of the city of Noblesville)

NOBLESVILLE, Ind. (Inside INdiana Business) — A second round of the Noblesville Small Business Resilience Grant program was announced this week by Mayor Chris Jensen. The city will provide up to $10,000 per grant to small businesses who have been impacted by COVID-19, as was done in April during the first round of grants

The grants are focused on helping small business owners meet needs like payroll, paying rent and utilities and covering expenses such as PPE. If a business received funding in the first round, its only eligible for up to $5,000 in the second phase. The city says new businesses within their first year are also eligible for up to $5,000 in funding.

“We want to see them succeed here in Noblesville, and we hope that with a second round of financial assistance and support for the community and other sources, they will be able to get through this challenging time and emerge in a position where they can grow their operations and impact going forward,” said Jensen.

The Noblesville City Council appropriated $250,000 from the city’s Rainy Day Fund to provide the grants in April, with 46 grants being provided.

The deadline to submit an application for the second round is 5 p.m. on January 8. A grant application and eligibility requirements can be found here

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