WORTHINGTON – Nobles County and the City of Worthington are still accepting applications for the Small Business Assistance Grant Program, which is being funded by the federal CARES Act.
The program is designed to provide assistance to small businesses in Worthington and Nobles County that have been financially impacted by the COVID-19 pandemic. The deadline to apply is at 5 p.m. September 15. Applicants must be a private, for-profit business in Nobles County, be a Secretary of State registered small business with less than 50 FTE, and able to demonstrate financial hardship as a result of the COVID-19 outbreak.
Jason Brisson, the assistant administrator for the city of Worthington, said this week they have received approximately 70 applications for the program, which is shy of the 375 that were anticipated. The city is processing applications for both Worthington and Nobles County.
Brisson said he has seen a recent uptick in phone calls and emails about the funding and expects a push of last-minute applicants.
“We have contracted with a local, bilingual representative of APX who has been working about 30 hours per week doing outreach to local businesses,” Brisson said. “I have received a lot of good feedback from applicants regarding that process.”
Assuming they don’t get the 375 applications prepared for, Brisson said it could actually be good news.
“If most of our businesses didn’t experience a 10 percent decline in revenue, that is a promising sign for our local economy. It may be that many of our local businesses weren’t hit as hard by the pandemic as we feared.”
This also means that there could be more funds to distribute to the businesses that have applied, he added.
Businesses that have not applied for the funds are encouraged to do so as soon as possible, keeping in mind the September 15 deadline.