After distributing over $3 million in federal aid and community contributions to nearly 350 businesses in the spring, the Stanislaus County Board of Supervisors recently approved another opportunity for business owners to receive financial help as the coronavirus pandemic wears on.
The Board of Supervisors unanimously approved the establishment of a Business Grant Program during their July 14 meeting, which will utilize a total of $10 million in business revitalization and economic support funding thanks to CARES Act Coronavirus Relief Funds.
Stanislaus County received $96.1 million of the $150 billion in relief funding included in the CARES Act. In June the Board voted to allocate $15 million of that funding for business revitalization and economic support — $10 million of which has been set aside for the new grant program, $4 million that will be directed to nonprofit organizations in the community and another $1 million which is being considered for a touchless gift card program.
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