The Richland Area Chamber & Economic Development announced Monday they are collaborating with Richland County to launch a second round of the popular small business grant program to assist area businesses impacted by COVID-19.According to Richland Source, at this time there is $675,000 to be distributed to businesses throughout Richland County. The Chamber has changed some of the eligibility guidelines for Round 2 of the grant application process.
Eligible businesses must have 40 full-time equivalent (FTE) employees or less, have $4 million or less in revenues in 2019, and have been in operation prior to February 28, 2020. The maximum grant amounts are $7,500 for businesses with 2-40 FTE’s and $2,500 for businesses with less than 2 FTE’s.