Restaurant Business Relief Initiatives
Smyrna CARES Small Business/Nonprofit Grant Program
City of Smyrna, GA Mayor and Council have authorized the creation of a small business CARES Grant program to assist locally owned and operated small businesses and nonprofit organizations who have experienced business interruption due to the COVID-19 public health emergency. Deadline for applying is Friday, October 30, 2020 at 5:00 pm.
Cherokee County LMI Small Business Grant
Cherokee County is partnering with the Cherokee Office of Economic Development (COED) to administer the Cherokee County Low to Moderate Income (LMI) Grant for Small Business. This grant is a $300,000 pool of funds providing local small businesses relief in meeting urgent financial needs, including ongoing operational costs such as payroll, vendors, utilities, rent and personal protective equipment (PPE). Application portal will be open September 10 through October 14, 2020.
Lowe's-LISC Small Business Relief Grants
Thanks to a $55 million significant commitment grant from Lowe’s, LISC will provide the emergency grant assistance that small businesses desperately need to stay afloat.
Dining Bond Initiative
Like government-issued war bonds, the Dining Bond Initiative seeks to bring in immediate cash in exchange for future restaurant purchases. Diners can buy gift certificates sold at a 25 percent discount ($100 worth of food for a $75 bond) to be redeemed in the restaurant within the next month or two, depending on how individual restaurants decide to honor the bonds. The program is open to all restaurants.
The Main Street Initiative
If you have an existing brick & mortar business that has been negatively effected by the COVID-19 outbreak and you launch a capital raise on Mainvest, you may be eligible to receive a $2,000 zero-interest loan immediately. Then through your capital raise, you can receive over $100,000 of investment from your community.
Opportunity Fund is a nonprofit organization that provides financing to underserved small-business owners.
Kiva is a non-profit that expands access to capital for entrepreneurs around the world. Get loans up to $15,000 at 0% interest.