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2020 CARES Act PHASE 2 Business Relief and Recovery Grant

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

Agency Type:

Local

Funding Source:

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City and Borough of Sitka (CBS)

Deadline Date:

10/30/20 5:00 PM Receipt

Description:

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Grants 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 negatively impacted by the pandemic and allow them to continue to operate. Eligible businesses must operate in Sitka.

The primary purpose of this program is to assist with costs related to the business interruption caused by the pandemic and related closures. This includes loss of income due to mandatory shutdowns; inventory loss; additional operating expenses of reopening or resuming services to the public; costs of protecting staff, customers, or clients; or other economic impacts due to the public health emergency. The grant funds may be used for future expenses or to cover for funds already spent. 

GrantWatch ID#:

GrantWatch ID#: 191627

Term of Contract:

Grant funds received must be fully expended by Dec. 30, 2020.

Additional Eligibility Criteria:

Businesses that operate in Sitka may apply if they can confirm each of the following:

- The business was registered in Alaska on January 1, 2020.
- The business had a physical presence in Sitka on February 15, 2020.
- The business continuously operated through the date of application unless the business is seasonal or was subject to a government mandated shutdown.
- The business is not a C Corporation traded on a U.S. stock exchange or a corporate-equivalent entity traded on a foreign stock exchange, and businesses owned in whole or majority-owned by such a publicly traded corporation or national chains that own and operate their premises in Sitka; franchisee owned and operated businesses in Sitka would be eligible.
- The business was current with City and Borough of Sitka ("CBS") sales tax and business/property tax as of March 1, 2020, or is current now.
- The business is current with CBS sales tax and business/property tax on the date of this application.
- Sales/revenue in the period of April through September 2020 are at least 35% less than the sales/ revenue for the same period in 2019.
- COVID-19 has adversely impacted your business.

Applicants must have had operations and financial information that extends back to at least April 1, 2019.

The program is open to all qualifying businesses, regardless of whether they have applied for or have obtained any other state or federal pandemic‐related assistance.

The business owner does not have to be a resident of the City of Sitka, but the business must have significant permanent business operations physically conducted within the boundaries of the CBS. Revenue, Fixed costs, and Full Time Equivalent employees must be based on Sitka business activity only.

For information about what revenue includes or does not include, see the FAQ:
https://cityofsitka.org/wp-content/uploads/2020/10/Phase-2-for-profit-business-grant-applications-and-FAQ_10-5-2020.pdf#page=8

New businesses that did not operate in 2019 are not eligible.

Pre-Application Information:

Applications must be received by 5:00 PM on Friday, October 30, 2020.

Submission online (by email) is highly preferred and provides the applicant with proof of timely submission.

Contact Information:

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

Submit applications by email to: caresgrants@cityofsitka.org

Or hand-deliver or mail applications to:
City Hall
100 Lincoln Street
Sitka, Alaska 99835
Attn: CARES Grant Admin

Questions about the grant program, application process, or application status must be directed to (907) 747-1824, or email CARESGRANTS@cityofsitka.org.

URL for Full Text (RFP):

Geographic Focus:

USA: Alaska: Sitka

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