Monday, April 26 SBA Delaware Webinar to Detail Restaurant Revitalization Fund (RRF)

Delaware District Office

u s small business administration

Monday, April 26 SBA Delaware Webinar to Detail Restaurant Revitalization Fund

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On Monday, April 26, 2021 from 10:00 a.m. - 11:30 a.m. EST, SBA Delaware will provide a webinar via Microsoft Teams detailing The Restaurant Revitalization Fund ("RRF"). The webinar will detail RRF eligibility and funding, as well as how to apply for RRF funds. The webinar session may be accessed via computer, mobile app, or telephone. 

 

WEBINAR DATE                                             WEBINAR TIME

Monday, April 26, 2021                                  10:00 a.m. - 11:30 a.m. EST

 

TO JOIN:

Microsoft Teams meeting

Join on your computer or mobile app

Click here to join the meeting

Or call in (audio only)

+1 202-765-1264,,629810602#   United States, Washington DC

Phone Conference ID: 629 810 602#

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The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.

Ahead of the RRF's launch and over the next two weeks, the SBA will establish a seven-day pilot period, ahead of the public launch, to conduct outreach and training. Participants will be randomly selected and will not receive funds until the application portal is open to the public – to be announced at a later date. For the first 21 days the program is open, the SBA will prioritize reviewing applications from women, veterans and socially and economically disadvantaged business owners. Afterward, all eligible applicants are encouraged to apply.