Alabama small businesses, nonprofits and faith-based organizations that have been impacted by COVID-19 are eligible for $200 million in grant money under Revive Plus, a new program announced by Gov. Kay Ivey.
Individual grants of up to $20,000 are available for organizations with 50 or fewer employees. The money can go toward expenses caused by operational interruptions caused by the pandemic.
“As the state has rolled out over $1 billion of the CARES Act monies to the individuals and businesses affected by COVID-19, it became evident the group most overwhelmingly hurt during the pandemic were the small ‘mom and pop’ shops,” Ivey said. “A second round of assistance through Revive Plus will ensure that the small business owners who have borne the brunt of the downed economy can be made as whole as possible. As we head into the holiday season, my hope is that this will be welcome news for our businesses and help ease their burdens from what has been a very hard year.”
After the initial round of Revive Alabama reached its $100 million cap, the Business Council of Alabama, National Federation of Independent Business of Alabama and Alabama Restaurant Association worked with the governor’s office on a new grant program.
“Businesses throughout the state are working diligently to keep their employees and customers safe, all while ensuring commerce throughout Alabama continues to move,” BCA President and CEO Katie Britt said. “Revive Plus will be essential in giving Alabama businesses access to the necessary and needed funding to keep their doors open and keep hard working Alabamians employed. Our broad coalition of businesses, associations and chambers commend Gov. Ivey and her administration for putting these critical funds into the hands of businesses who need it most.”
Grant information and application are available through the Coronavirus Relief Fund website.Applications open at noon on Nov. 23 and close at noon on Dec. 4.