Governor McKee announced a $12.5 million grant program to assist small businesses impacted by COVID-19. The grant program, part of Governor McKee’s Rhode Island Rebounds down payment initiative, will provide direct financial supports of $2,500 or $5,000 to qualifying small businesses who meet eligibility and need criteria.
“Small businesses continue to face challenges as they work to recover from the COVID-19 pandemic,” said Governor McKee. “Tourism and hospitality businesses – as well as retail and personal service businesses that rely upon foot traffic – continue to face hardships. These grants from my Administration’s Rhode Island Rebounds program will provide immediate relief to these businesses and I thank the General Assembly for approving and funding this program.”
“These past two years have taken a significant toll on our small business community,” said Lt. Governor Sabina Matos. “Some small businesses have shut their doors and others are barely getting by. This grant program couldn’t come at a better time. These funds will boost our small business economy and provide owners the temporary relief they so desperately need.”
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