Larry Walther, proper, Secretary of the Division of Finance and Administration and Jake Bleed, state funds director, speak Tuesday Oct. 13, 2020 throughout the first day of funds hearings on the state Capitol. (Arkansas Democrat-Gazette/Staton Breidenthal)
Arkansas Democrat-Gazette /
The Arkansas Division of Parks, Heritage and Tourism, the Arkansas Financial Growth Fee and the Arkansas Division of Finance and Administration obtained approval to proceed with a grant program using $50 million in Coronavirus Assist, Reduction and Financial Safety Act funds.
Funds will likely be used for Arkansas companies in industries considerably impacted by the covid-19 public well being emergency, in line with press releases from the Arkansas State Chamber and Pine Bluff Regional Chamber of Commerce.
The Arkansas Legislative Council accepted a enterprise interruption grant for sure Arkansas companies within the private care, tourism, journey, recreation and hospitality industries. The grant will present reimbursement for a portion of particular eligible bills incurred by companies in these industries between March 1 and Sept. 30, in line with the releases.
Arkansas small companies having 250 or fewer full-time workers positioned in Arkansas could search reimbursement for bills related to covid-19 mitigation or sure listed enterprise interruption bills due on to native, state or federal authorities covid-19 directives. Grants are as much as $250,000 every.
Candidates could plan an utility with a Fb Dwell query and reply session the week of Nov. 2 and an applicant assist telephone line opening on Nov. 9, one week earlier than the applying interval opens. All functions will likely be accomplished on-line.
A hyperlink to the applying is on the market at: www.ArkansasReady.com.