The Wood County Commissioners approved the use of up to $250,000 of federal CARES Act funds for a new program to provide eligible small businesses with up to $5,000 to cover business interruption expenses caused by the pandemic.
The program will be administered by Wood County Economic Development.
Applications will be accepted from August 3 through August 14. Applications will be drawn randomly for review, rather than on a first-come-first-served basis. To participate businesses must have:
- Less than $1 million in gross annual revenue
- Have 30 or fewer employees
- Have experienced a decrease in gross revenue of 25% or more due to COVID-19
- Have not already received federal assistance
For a full list requirements and eligible expenses visit:
Wood County Small Business Relief Program Guidelines & Requirements