More COVID-19 relief is available for Indiana’s small businesses. The state is adding another $60 million to its Small Business Restart Grant program, according to the Indiana Economic Development Corporation.
Qualifying businesses with fewer than 100 employees can get up to $50,000 over a 12-month period to reimburse payroll and non-payroll expenses from March, 2020 to May 1, 2021. Businesses that already got a Small Business Restart Grant but haven’t reached the program’s limit can reapply. The funding comes from federal CARES Act money allocated by the Indiana General Assembly.
Complete eligibility requirements and application information can be found at BackOnTrack.IN.gov. Businesses have until December 31 to apply, but the IEDC says grants will be issued in the order they’re received until the funding is used up.
