Noblesville Mayor Chris Jensen has announced a second round of the Noblesville Small Business Resilience Grant program. Up to $10,000 per grant will be provided to small businesses that have been significantly impacted by the COVID-19 pandemic.
The grant is designed to help small businesses with unmet immediate needs such as maintaining payroll, paying rent and utilities and covering other expenses, including personal protective equipment to remain operational and serve customers and clients. If a business received funding in the first round in early 2020, it is eligible for up to $5,000 in the second phase of grant funding. New businesses within their first year of operation also are eligible for up to $5,000 in grant funding.
“When we announced this program in the spring at the beginning of the pandemic, we were convinced that short-term assistance was needed to help our business community navigate the various challenges that came from shutdown orders and other public health risks and safety measures. We know that small businesses are a crucial part of our community and that they make vital contributions to our local economy and culture,” Jensen stated. “We want to see them succeed here in Noblesville, and we hope that with a second round of financial assistance and support for the community and other sources, they will be able to get through this challenging time and emerge in a position where they can grow their operations and impact going forward.”
Businesses must submit applications by 5 p.m. Jan. 8. For the eligibility requirements and application, visit cityofnoblesville.org/LoveNoblesville.
“Small businesses are essential to economic development and growth in Noblesville and we appreciate the city stepping up once again to aid our local businesses,” stated Bob DuBois, president of the Noblesville Chamber of Commerce. “During the COVID-19 pandemic, we’ve seen a number of businesses have to temporarily close recently because of positive cases or close contacts with their employees. We commend them for making the right public health decision but know how that can negatively affect their bottom line. The second round of the Noblesville Small Business Resilience Grants shows how much city leadership values the owners, employees, and customers of these local businesses and will provide them with vital resources so they can continue to serve our community.”
In April, the Noblesville Common Council appropriated $250,000 out of the rainy-day fund to provide the resilience grants. After council appropriated the funds, 46 grants were provided to local businesses, helping to retain or revive more than 75 full-time and 100-part time local jobs.