Pasco Emergency Business Grant Now Available
April 21, 2020
Applications for Pasco County small business grant up to $5,000 now being accepted
PASCO COUNTY, FLORIDA (April 21, 2020) — The Pasco Economic Development Council (Pasco EDC) has partnered with Pasco County to provide a RELIEF grant to small businesses impacted by COVID-19 funded through Penny for Pasco. The Pasco Emergency Business Grant is an emergency grant up to the amount of $5,000 to support small businesses and the local Pasco County economy.
This emergency grant is expected to provide support to 400 Pasco County small businesses. The goal of the grant program is to help offset the temporary loss of revenue and help keep small businesses open after this global pandemic.
“We know our community is hurting right now and the Pasco County Emergency Business Grant program is another tool our small businesses can use to get through the COVID-19 crisis,” said Pasco County Commission Chairman Mike Moore. “Our small businesses are the heart of Pasco County’s economy, and I look forward to their continued success in the future. I’d like to thank my fellow commissioners for supporting the Pasco Emergency Business Grant program, and I greatly appreciate the Pasco Economic Development Council’s efforts in making this happen quickly to help our community.”
There are limited funds available which will be distributed on a first-submitted, eligible and approved application basis. Pasco County businesses that meet the criteria below are encouraged to submit their application online as soon as possible in its entirety. Applications are now being accepted at www.PascoEDC.com/Pasco-Grant. There is no deadline to apply. The Pasco Emergency Business Grant has $2 million available and applications will be accepted until funds are exhausted.
Applicant Criteria
- Pasco registered business in operation as of March 1, 2020
- Owner must be Pasco County resident
- 1- 25 employees (Part-time and 1099 employees must be included)
- Business must have applied for Federal Disaster Loan Funding
- Business and business owner must be in good standing
Eligible grant Uses
- Rent
- Mortgage
- Utilities
- Payroll
“Having the ability to respond quickly to our small businesses’ needs is so important right now.” said Bill Cronin, President/CEO, Pasco EDC. “We are all very thankful that the Board of County Commissioners is pro-business and that they have made these funds available when they are needed most.”
“Small business is the pulse of our business community,” said Commissioner Mike Wells, who serves as the Commission’s representative to the Pasco EDC Board of Directors. “By helping our small businesses with these grants, we help our entire economy.”
About Pasco Economic Development Council
The Pasco Economic Development Council is committed to developing Florida's most competitive climate for business growth by providing businesses, that seek to start, move, or grow in the North Tampa Bay area, a comprehensive suite of programs that can help them to reach their full economic potential. Since 1987, Pasco EDC has fostered a strong partnership funded by corporate and public investors focused on the economic vitality of Pasco County. Discover more at www.pascoedc.com.