From March 19, 2021
Small Business Administration (SBA) announced that the $16 billion program aimed at helping live event businesses impacted by the pandemic will begin accepting applications for grant funding beginning on Thursday, April 8. The new SBA program, known as the Shuttered Venue Operators Grant Fund (SVOG), was created through COVID-19 relief legislation passed by Congress and signed into law in December.
“For museums, music venues, performing arts centers, independent movie theaters, and other live venues in Hawai‘i, help is here,” said U.S. Senator Brian Schatz (D-Hawai‘i), a member of the Senate Appropriations Committee. “This pandemic has been particularly brutal for businesses that depend on people being able to gather in person so this new funding will be a big help.”
Eligible grant recipients include live venue operators, promoters or theatrical producers, independent movie theatre operators, museum operators, and talent representatives. Of the total amount, $2 billion is set aside for eligible entities that employ fewer than 50 full-time employees.
Original source can be found here.
