Noblesville awards $250K in grants to 46 small businesses

Mayor Chris Jensen on Wednesday announced the 46 local establishments that are recipients of the Noblesville Small Business Resilience Grant, which awarded a total of $250,000.

The grant was created last week to help small businesses with unmet immediate needs such as maintaining payroll, paying rent and utilities, and covering other expenses to remain operational and serve customers and clients. Based on demonstrated need, the grants provided up to $10,000 per small business impacted by the COVID-19 pandemic.

Jensen

“Small businesses are crucial part of the fabric of our community and it is our hope that these grants will provide assistance and promote economic vitality within the city,” said Jensen. “COVID-19 has impacted nearly every segment of our national and local economy. Due to required closures and other restrictions imposed to protect public health, many local businesses have experienced severe reductions in revenues.”

The city’s small business grant program intends to help those businesses that may not be eligible for other assistance or that have immediate needs beyond that which can be met by other federal and state assistance programs.

“The COVID-19 pandemic has hit our community businesses hard. I want to encourage residents to continue to support local businesses by utilizing curb-side pick-up, delivery or drive-thru where available. If you are looking for places to support, I recommend our cityofnoblesville.org/LoveNoblesville website, which has a business services database and other resources,” Jensen said. “Working together, we will overcome these challenges and come out a stronger Noblesville community.”

Noblesville Small Business Resilience Grant payments will be disseminated no later than Friday, April 17. If funding allows, additional grants may be processed and awarded on an as-needed basis.

1 Comment on "Noblesville awards $250K in grants to 46 small businesses"

  1. Pennie Baldwin | April 11, 2020 at 7:08 pm |

    I wonder how it was determined who was to receive the funding….crooked government is my opinion

Comments are closed.