Providence, RI (STL.News) Governor Dan McKee and Rhode Island Commerce Secretary Stefan Pryor announced a new grant program to assist small businesses impacted by the COVID-19 pandemic. The program will use $20 million in CARES Act funds to give qualifying businesses $5,000 grants. The Governor was joined by Lt. Governor nominee Sabina Matos, House Speaker K. Joseph Shekarchi and Senator Maryellen Goodwin to make the announcement at Executive Cuts Barber Shop, a small business located in downtown Providence.
The first round of applications will be accepted on a first-come, first-served basis beginning, Thursday, April 15, 2021 through Friday, April 30, 2021 at 5:00 p.m. Future rounds and expansions of this program are possible depending upon demand and availability of funds.
“We know that rebuilding Rhode Island’s economy will depend on rebuilding our small business economy,” said Governor McKee. “Rhode Island small businesses have worked hard to keep their doors open, their customers safe and their workers employed throughout this pandemic. They need our support as we continue the fight against COVID-19 and ramp up vaccination efforts. Our team has been committed to advocating for the small business community since day one of this pandemic. Today, we continue that commitment in the Governor’s office with the announcement of the Small Business Relief Grant Program within the first several weeks of our administration.