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SOLDOTNA CARES Phase II Business Grants

Grants to Alaska Businesses in Eligible Areas
for Support During the Coronavirus Pandemic

Agency Type:

Local

Funding Source:

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City of Soldotna

Deadline Date:

10/30/20

Description:

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Grants of up to $35,000 and grants of $1,000 to Alaska businesses in eligible locations for support during the Coronavirus (COVID-19) health crisis. Funding is intended to assist local businesses that have been economically impacted by the pandemic. Eligible applicants are located in the city of Soldotna.

All Phase II applicants will be required to certify that their business has been impacted by the COVID-19 public health emergency, and is in need of economic assistance. Applicants will be asked to provide a brief description of the COVID-related impacts (additional expenses, loss of revenue, closures related to Public Health Mandates, etc.). 

Eligible expenditures include things like payroll, operating expenses, lease or rent, telework equipment costs, inventory acquisition (needed to reopen or maintain open status), personal protective equipment (PPE), and facility readiness (social distancing preparedness, business modifications, etc.).

GrantWatch ID#:

GrantWatch ID#: 191308

Estimated Total Program Funding:

$2,564,000

Estimated Size of Grant:

Businesses with total sales over $25,000 are eligible to receive a grant award up to 15% of gross sales from 2019, capped at a maximum award of $35,000.

Small businesses with annual sales between $15,000 and $25,000 are eligible for a grant of $1,000.

Term of Contract:

The grant funds must be solely used for expenditures that were necessary due to the COVID-19 public health emergency, and occur between March 1, 2020, and December 30, 2020.

Grant funds must be spent by December 15, 2020, on eligible expenses, or else returned to the City of Soldotna by Monday, December 21, 2020.

Additional Eligibility Criteria:

Phase II grants are intended for businesses located in the City of Soldotna, that have either experienced a loss in revenue related to the COVID-19 pandemic or have annual revenues between $15,000 and $25,000.

Businesses must
- Have a physical place of business situated in the City of Soldotna for the sale of goods or the provision of services. This may include a ‘brick and mortar’ storefront, farmer’s market, or other type of physical space that relies on foot traffic for business.
- Have been in existence with a valid State of Alaska business license as of January 1, 2020.
- Have a minimum of $15,000 in gross annual sales for 2019. Sales will be verified using Kenai Peninsula Borough sales tax filings. Applicants that do not file sales tax returns must submit additional documentation to verify sales.
- Businesses with total gross sales of $25,000 or more must show a decrease in total gross sales due to COVID-19, demonstrated by comparing sales tax filings from 2020 to those from the previous year. Applicants that do not file sales tax returns must submit additional documentation to verify a decrease in sales.
- Be current in sales tax registration with the Kenai Peninsula Borough, and not be delinquent with the Kenai Peninsula Borough Tax Department as a result of a lien or violation of a payment plan.
- Not be in bankruptcy proceedings.
- Not be a C corporation traded on a U.S. stock exchange, or a corporate-equivalent entity traded on a foreign stock exchange and owned in whole or majority-owned by such a publicly traded corporation.
- Not be a national chain that owns and operates a premise in the City of Soldotna. Individually owned-and-operated local franchises are eligible.
- Not be a marijuana business licensed under Alaska Statute 17.38.

Pre-Application Information:

Applications will be accepted until October 30, 2020, by email, mail, or at City Hall.

Grants will be awarded to eligible applicants on a rolling basis until Friday, October 30, 2020 (the application deadline), or until available funds are exhausted, whichever comes first.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Email applications to CARES@Soldotna.org

Hand Deliver or Mail the application to:
Soldotna City Hall
Attn: SOLDOTNA CARES Grant Program
177 N. Birch St.
Soldotna, AK 99669

Direct questions to the email address above or call 907-262-9107.

URL for Full Text (RFP):

Geographic Focus:

USA: Alaska: City of Soldotna

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