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Updated: May 3, 2021 from SBA.gov
Shuttered Venue Operations Grant (SVOG)
The U.S. Small Business Administration (SBA) has re-opened the Shuttered Venue Operations Grant (SVOG) application portal, https://www.svograntportal.sba.gov/s/.
The Shuttered Venue Operators Grant program was established in the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act and amended by the American Rescue Plan Act to provide over $16.2 billion in economic relief to target industries. This SVOG portal is now open to receive applications.
Restaurant Revitalization Fund (RRF)
SBA has opened applications for the Restaurant Revitalization Fund (RRF) on Monday, May 3, 2021. The online application will remain open to any eligible establishment until all funds are exhausted.
Established under the American Rescue Plan, and signed into law by President Joe Biden on March 11, 2021, the Restaurant Revitalization Fund provides a total of $28.6 billion in direct relief funds to restaurants and other hard-hit food establishments that have experienced economic distress and significant operational losses due to the COVID-19 pandemic. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Funds must be used for allowable expenses by March 11, 2023.
DBEDT Launches Buy Hawaii, Give Aloha Portal Site
We know local shoppers want to support small businesses and find the best made-in-Hawaii products. That’s why DBEDT created Buy Hawaii, Give Aloha, a one-stop online resource that makes it easy for shoppers to find local brands, all in one place. If you’re a Hawaii business owner, you can join for free — and it’s free for your customers to use, too!
Expand Your Sales with HiSTEP
Funded in part through a Grant with the U.S. SBA, HiSTEP assists Hawaii small businesses with their export development. The goal is to increase the number of small businesses that want to export as well as the value of exports for those small businesses that currently export.
Hawaii Defense Economy
Military-related spending in Hawaii is second only to tourism and contributes to thousands of jobs. DBEDT is committed to understanding the importance of DoD spending and to fostering resiliency efforts should DoD spending change.
Community Based Economic Development (CBED)
CBED offers loans to eligible small businesses that support economic development in their communities. Also grants available to non-profits for technical assistance in applying for federal grants!