City of Taos issued the following announcement on Sept. 17.
The Town of Taos is making up to $480,000 in grants available to assist businesses within the Town limits. For-profit businesses in business prior to March 1, 2019 with 50 or less employees and an annual revenue of less than $2 million, who were forced to close or that had severely curtailed operations because of the COVID state and local public health orders are eligible.
Retail, manufacturing and service industry businesses will receive priority, along with “anchor businesses” that are significant employers, or that are considered important to the local economy or quality of life of the community.
Professional corporations, government entities, foundations and non-profits are not eligible. Owners may not be paid for their own compensation.
Eligible expenses include “business continuity expenses” (non-owner employee payroll, rent, mortgage, insurance, marketing, etc.) and “business redesign” to either increase employee/customer safety or for your business or to develop new methods of business because of COVID (plexi-glass barriers, drive-through windows, patio dining, PPE for employees and customers, etc.).
Grants may be for work completed after March 2020, in progress, or planned and to be completed by December 31, 2020.
Businesses may obtain the application and program requirements on-line on the Town of Taos website at www.taosgov.com/smallbusinessgrants beginning 8am Monday, September 21. Applications will be accepted until October 9, 2020. Applications will be evaluated and award announcements will be made before October 31, 2020.
Original source can be found here.
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