The Curtain Rises: Shuttered Venue Operators Grant Goes LIVE!

Rhode Island District Office - April 8, 2021

u s small business administration

The Shuttered Venue Operators Grant Portal is LIVE

SVOG Portal

The U.S. Small Business Administration has officially opened the Shuttered Venue Operators Grant (SVOG) application portal. The portal went live at noon for operators of live venues, live performing arts organizations, museums, movie theatres, as well as live venue promoters, theatrical producers, and talent representatives. All eligible businesses are encouraged to apply for critical economic relief. 

“The SBA’s Shuttered Venue Operators Grant is a lifeline for the Arts,” said SBA District Director Mark S. Hayward. “Today at noon, the SBA launched the Shuttered Venue Operators Grant Portal to ensure those businesses will have the opportunity to thrive again. This program will disperse the allocated funds - made available via the Economic Aid and American Rescue Plan Act - to eligible businesses this pandemic has hit the hardest.”  

The SVOG program was appropriated more than $16.2 billion for grants via the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act, and the American Rescue Plan Act. Of these funds, at least $2 billion is reserved for eligible SVOG applications with up to 50 full-time employees. Qualified applicants may qualify for grants equal to 45% of their gross earned revenue up to a maximum amount of $10 million for a single grant.

The SBA accepts SVOG applications on a first-in, first-out basis and allocates applicants to respective priority periods as it receives applications. The first 14 days of SVOG awards, which are expected to begin in late April, will be dedicated to entities that suffered a 90% or greater revenue loss between April and December 2020 due to the COVID-19 pandemic. The second 14 days (days 15-28) will include entities that suffered a 70% or greater revenue loss between April and December 2020. Following those periods, SVOG awards will include entities that suffered a 25% or greater revenue loss between one quarter of 2019 and the corresponding quarter of 2020.

Also, SBA’s resource partners, including SCORE, the Rhode Island Small Business Development Center,  The Center for Women & Enterprise and the Veterans Business Outreach Center of New England, are available to provide entities with individual guidance on their applications.

Click the link below to access the SVOG portal.

Shuttered Venue Operators Grant Portal