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LISC (Local Initiatives Support Corporation) announced today that they are accepting applications for grants as part of their Rural Relief Small Business Grants program in response to COVID-19.
They will be offering 900 grants for a total of $18 million dollars in funding.
All applications must be submitted by December 6th at 11:59PM ET. Apply here.
The grants will be awarded across the country, especially those in underserved communities, including entrepreneurs of color, women- and veteran-owned businesses that often lack access to flexible, affordable capital.
Applications will be reviewed based on criteria designed to prioritize particularly challenged businesses, and the final grantees will be randomly selected from the top scoring applicants.
Who is eligible?
Only small businesses located in rural communities are eligible at this time.
(Rural communities are defined as having a population of 50,000 or less. A community is defined as the city/town/village where your business address is located. If the business is mobile (a food truck, fishing boat, ride share driver, etc) please use the address where your vehicle is stored during non-business hours.
All potential applicants are encouraged to review their FAQ and grant information before applying.
Non-profit organizations are ineligible for the relief funding program at this time, but may be eligible for later rounds of funding.
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