menu

Binary Star Radio

chevron_right
covid reliefEDM NewsSBAShuttered Venue Grantsmall business administrationSVOG GrantVenuesYouredm.com

Shuttered Venue Grant to Reopen Monday Following Delays

phase888 | April 25, 2021

After experiencing technical difficulties, the Small Business Administration was aiming to reopen the Shuttered Venue Operators Grant (SVOG) application this weekend — but it will, finally, reopen on Monday, April 26 at 12 PM ET.

Per the online portal, the SVOG program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue Plan Act. The program includes over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance.

Submissions will be reviewed on a first-come-first-served basis. Venues that have lost 90% or more of revenue will take priority over the first two weeks, followed by venues that have lost 70% or more revenue over the next two weeks, and so on.

According to a tweet sent out yesterday, the SBA is making this “our top priority to deliver on the promise and commitment to provide economic lifelines to these hardest-hit venues ASAP.”

More information and details on how to apply and materials needed here.

 

Credit: Shutterstock / Anna Omelchenko

This article was first published on Your EDM. Source: Shuttered Venue Grant to Reopen Monday Following Delays

Written by phase888

Comments

This post currently has no comments.

Leave a Reply






  • play_circle_filled

    Binary Star Radio

play_arrow skip_previous skip_next volume_down
playlist_play