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HoCo Rise Howard County Business Grants

Round 4 HoCo Rise Business Grants Applications for restaurants and hotels are now open! Applications period will close May 24th, 2021.

Round 4 – HoCo Rise Business Grant for Hotels & Restaurants Application (https://www.research.net/r/hocoround4)

PLEASE READ INSTRUCTIONS CAREFULLY

The purpose of this grant is to provide funding to support Howard County hotels and restaurants located in Howard County who have been affected by COVID-19.

Eligible uses of funds include:
Hotels
●       Normal operating costs, such as rent, payroll, job training, taxes, debt service, or similar costs

●       Purchase of PPE, sanitation services, or other COVID-19 related costs

Restaurants
●       Working capital, such as rent, payroll, and job training

●       Purchase of equipment and services to expand outdoor dining, such as tents, heaters, warmers, and carts

●       Infrastructure improvements, such as HVAC system upgrades

●       Technology to support carry out and delivery

●       Purchase of PPE and disposable food containers and utensils

●       Sanitization services

●       Any other costs permitted under a COVD-19 restaurant assistance program that Grantee, or any municipal corporation located within Grantee’s jurisdiction, may already be operating as of the effective date of this Agreement. 

Ineligible Restaurant Businesses:

·        National chain restaurants are not eligible for this grant program. (Franchisee’s may apply for one (1) of their national franchise locations in Howard County).
Grant amount: 

  • Hotels- TBD (Up to $25,000 based upon hotel size) 
  • Restaurants- TBD (Up to $12,000) 

Eligible uses of funds include reimbursement for the costs of business interruption caused by the COVID-19 mandated business closures, or for costs required to re-open safely. This grant may be used to cover expenses incurred beginning March 1, 2020.

The deadline to submit an application and required documentation is 11:59 p.m. on May 24, 2021.

Please note that while financial information will be kept confidential, the names of businesses receiving grants, and the amount they receive, are public information.  To complete this application, you will need to upload the following documents:

2019 or 2020 Federal Tax Return (See which Form you need here.)
Form W-9 (completed and signed)
Employee Roster as of March 30, 2021
If the Applicant is prepared with all of the required documentation from listed in the above grant instructions, the application process is estimated at to take less than 15 minutes to complete. 

YOU WILL NOT BE ABLE TO SAVE THIS APPLICATION TO RESUME AT A LATER POINT. IT MUST BE COMPLETED IN A SINGLE SESSION.

It is recommended that you use a desktop or laptop computer for completion of this application.

For the purpose of this document, specific terms are defined as follows:

Business: The entity that is seeking funding from this grant.

Applicant: An owner or an individual authorized by the owner(s).

The purpose of the HoCo Rise Grant is to provide financial assistance to Howard County businesses in targeted sectors that have been most impacted by the COVID-19 public health emergency and plan to re-open. Because of the limited funding available, eligible sectors have been identified and the grant formula is intended to distribute funds to all qualified businesses in that cohort. These grants are for locally-owned storefront retail, restaurants, and farmers that have experienced significant financial loss caused directly or indirectly by the COVID-19 public health emergency.