Small enterprise house owners in Lafayette struggling amid the pandemic now have the chance to get assist.
The Lafayette Enterprise Restoration Program launched by the Lafayette Consolidated Authorities (LCG) and the Lafayette Financial Growth Authority (LEDA) goals to stabilize native companies and retain and create jobs.
LCG and LEDA obtained round $ 800,000 in funding and the Enterprise Aid Fund presently has round $ 400,000, so LCG Head of Minority Affairs Carlos Harvin stated that help continues to be out there for small companies.
Companies can apply for a forgivable cost or grant of as much as $ 10,000 to assist with as much as three months of prices related to certified enterprise bills incurred no sooner than March 2020. This consists of, however shouldn’t be restricted to, hire, payroll, advantages, and utilities. .
Functions for this system at the moment are accepted at lafayette.org/brp.
Harvin defined that this system has a particular give attention to small native companies and is open to any enterprise that was open earlier than the pandemic however was compelled to shut by way of no fault of their very own. Harvin added that eating places, hair salons, clothes shops, and even monetary companies firms have obtained funding by way of the partnership with LCG and LEDA.
“Small companies are the lifeblood of our economic system and Lafayette is thought for its entrepreneurial spirit,” stated Harvin. “We wish you to know that you’ve a associate within the Metropolis Council within the mayor’s workplace, in LEDA, LCG. It signifies that households will pay the hire, put meals on the desk, help their kids. When these small companies shut, all of us endure We need to let you understand that assistance is on the way in which. “
This system was launched final June in an effort to convey reduction to the enterprise neighborhood affected by the COVID-19 pandemic.
Enterprise house owners can begin the pre-application course of now; This step determines if your corporation qualifies for financing. Officers will overview all earlier functions and observe up with those that qualify.
To go to lafayette.org/brp for extra info and to start the appliance course of.
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